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Unit 6,
2 MACKAY STREET Springvale South VIC 3172

This property is Off Market

All about Springvale South Homes for sale in Springvale South


  • The Average property price in this area is $971,542, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 7.05 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Springvale South

With an average age of 38, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $376. The average family earns a weekly income of $1,786 with a typical household size of 3 and a 94.94% employment rate.

Consistent high demand relative to supply is a key feature in Springvale South 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 South 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 South 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. Lower than average population density constrains growth in Springvale South to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Springvale South the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1202 asthma sufferers and 985 people living with diabetes. In addition, 658 people have a heart/vascular condition and 1118 people live with three or more chronic diseases.

A good place to invest in property?

Springvale South 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

35 / 100

52 / 100

Industry

07 / 100

17 / 100

Population

22 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

12 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Athol Road Primary School Keysborough Secondary College
  • Heatherhill Primary School

    Springvale, VIC, 3171 State Prep-6

  • Athol Road Primary School

    Springvale South, VIC, 3172 State Prep-6

  • Keysborough Primary School

    Springvale South, VIC, 3172 State Prep-6

  • Keysborough Secondary College

    Springvale South, VIC, 3172 State 7-12

  • Dingley Primary School

    Dingley Village, VIC, 3172 State Prep-6

  • St Anthony's School

    Noble Park, VIC, 3174 Independent Prep-6

  • Hoa Nghiem Primary School

    Springvale South, VIC, 3172 Independent Prep-6

  • Wallarano Primary School

    Noble Park, VIC, 3174 State Prep-6

  • Killester College

    Springvale, VIC, 3171 Independent 7-12

  • Spring Parks Primary School

    Springvale, VIC, 3171 State Prep-6


Property Story

Unit 6, 2 Mackay Street, Springvale South, Vic, 3172 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 7.05km and 0.46KM 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

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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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