Back 12/2 Kelvin Grove
Off Market

12/2 Kelvin Grove

Springvale VIC 3171

2
1
1
Apartment
Last sold for $360,000
Vivienne ZhangVivienne Zhang, last sold this property on 31 July 2025 after 274 days on market.

Overview

PRISTINE APARTMENT PRIME SPRINGVALE LOCATION

This hidden gem in Springvale offers a perfect blend of modern comfort and convenience, nestled in a quiet rear-corner position, perfectly suitable to family home buyers, astute investors, and downsizers alike. Recently refreshed with a new coat of paint, the apartment is bright and welcoming, featuring an open-plan living and dining area that's ideal for relaxing or entertaining. Two spacious bedrooms with built-in robes provide ample storage, and the contemporary kitchen is equipped with gas cooking, an electric oven, and generous cabinet and bench space. The fully renovated bathroom boasts high-quality fittings, a walk-in shower, and an integrated washing machine space, combining functionality with style, complimented by a separate toilet. Comfort is prioritized year-round with new LED lighting throughout, a new reverse cycle air-conditioner and an additional electric panel heater, and new hot water service. The property includes an allocated undercover car space, covered by a new high tech video surveillance system, a large communal garden, and a new Crimsafe security door for added peace of mind. With a 5.5% gross return compared with the average of 4.6% for Springvale 2 bedroom apartments, and affordable Owners Corporation fees, this apartment is perfect for a family home or an proficient investment opportunity. Perfectly located in a quiet no through street, this apartment is a five-minute walk from the Springvale train station and public transport options, including the train station, and the lively Springvale Central shopping area. With easy access to local parks, schools, and the M1 Freeway, this stylish apartment offers a convenient and balanced lifestyle in one of Springvale's most desirable areas. Don't pay $300,000 more for a new one in the same street. Advertised at $495 per week, this apartment offers strong rental potential-especially considering the unrenovated Unit 14 was recently leased at $470 per week. This is equivalent to a cash flow positive gross return of 6.5% - 7.3%. Don't hesitate and book an inspection right away!

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Springvale over the last 12 months, the estimated median property value of 12/2 Kelvin Grove is $422k.

Median value
$422k
Estimated value range
$343k - $474.5k
Median days on market
55
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Springvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/2 Kelvin Grove

2025
Sold
$360,000
31 Jul 2025 by Vivienne Zhang, of WIN Real Estate (AUS)
2024
Rented
Undisclosed
Leased on 22 Aug 2024 by WIN Real Estate (AUS)
2021
Rented
Undisclosed
Leased on 10 Dec 2021 by Fletchers Glen Eira (Bentleigh)

Happy sellers in Springvale

86%
86% of sellers in Springvale reported that their sale price either exceeded or met their price expectations.

Springvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Springvale over the last 12 months.

Local market activity for 2 bedroom apartments in Springvale

In the last 12 months, 14 two-bedroom apartments similar to 12/2 Kelvin Grove, have been sold.

This represents a 15% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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