18 Wales Street, Springvale VIC 3171
This property is Off Market
- The Average property price in this area is $920,693, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 9.47 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Springvale
With an average age of 32, households expect an average monthly mortgage payment of $1,775 or a weekly rent payment of $375. The average family earns a weekly income of $1,420 with a typical household size of 3.1 and a 92.53% employment rate.
Consistent high demand relative to supply is a key feature in Springvale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Springvale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Springvale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Springvale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Springvale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Springvale a better buying opportunity than it may have been in the past.
Public Transport
Stop 74: Stanley Road
Southland
Mount Waverley
Jordanville
Syndal
Mordialloc
Holmesglen
Westall
Parkdale
Cheltenham
General Points of Interest
St Patrick's Tennis Club Mentone
Lest We Forget
Westfield Southland
Chesterfield Farm
Cheltenham Bowls Club
Golden Plaza
The Cricketer's Bell
Academy Swimming Pool
Hockey Pavillion
Volleyball: Dandenong Basketball Centre
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1954 asthma sufferers and 1773 people living with diabetes. In addition, 1193 people have a heart/vascular condition and 1944 people live with three or more chronic diseases.A good place to invest in property?
Springvale a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
34 / 100
52 / 100
Industry
14 / 100
17 / 100
Population
31 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
12 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSpringvale Rise Primary School Wellington Secondary College
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Westall Primary School
Clayton South, VIC, 3169 State Prep-6 -
Wellington Secondary College
Mulgrave, VIC, 3170 State 7-12 -
Westall Secondary College
Clayton South, VIC, 3169 State 1-12
Property Story
18 Wales Street, Springvale, Vic, 3171 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated distance to the sea is 9.47km and 0.84KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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