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Springvale Median Price
House$920,000
Unit$569,900
Land$749,000
The House price is 2% higher than last year.
Surrounding suburbs
Clayton$1,070,900
Clayton South$929,400
Mulgrave$1,092,100
Noble Park$736,900
Noble Park North$765,600
Springvale South$842,400
Springvale 3171 Profile
Springvale rent price
A796-798 Princes Highway, Springvale
Sold $1,851,250 in Jun 2016 [Rectify]
Last Sold $200,000 in Jun 1999
Rent $6,000pw in Aug 2008
Land:
Land size: 1,044 sqm [Measure]
Agent: Biggin & Scott Glen Waverley - GLEN WAVERLEY
Distance: 22.5 km to CBD; 1.9 km to Sandown Park Station [Transport]

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Map | Nearby prices
Property Description:
Suits medical centre, child care centre, townhouse development (STCA)
Development opportunities dont come any better than this outstanding double block, which consists of an enormous 2421 sqm (approx.) of land, two separate titles, and approved plans and permits in place for a superb apartment complex.
This amazing piece of land sits right on the corner of the Princess Highway and Grace Street, and along with the coveted two titles it also features two street frontages. Also in the general residential 1 zone, the approved plans and permits that already exist are for 47 apartments, meaning the hard work has been taken out for developers who can swoop in and build straight away.
Apart from the all the amazing potential that awaits, the location is just as impressive. Youre just moments to Springvale Shopping Centre, Waverley Gardens Shopping Centre, Monash University, Edinburgh Reserve, Warner Reserve, Springvale Rise Primary School, Wellington Secondary College, Springvale Station, and the Monash Freeway.
Lot/Plan No: 2/LP10899
Planning History:
[23 Mar 2006] Multi Unit Development x14. Estimated Value: $3,000,000
 
[19 Feb 2013] Multi Unit Development (47 Apartments 4 Storeys) and a reduction in Car Parking. Estimated Value: $12,000,000
Search neighbour's planning permit
Property report from Government
Nearby Schools:
NameTypeRankDistance
Minaret CollegeCombinedNo.2471.6 km
Killester CollegeSecondaryNo.2241.3 km
Heatherhill Primary SchoolPrimaryNo.7312.6 km
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The property data is from the auction results and realestate websites.

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