Back 16 Rhodes Street
Off Market

16 Rhodes Street

Springvale VIC 3171

3
1
2
690 m²
House
Last sold for $918,000
Laura VoineaLaura Voinea, last sold this property on 29 May 2025 after 10 days on market.

Overview

The Brief: Prime Development Opportunity in the Heart of Springvale!

Its Addressed: Unlock the potential of this expansive 16 Rhodes Street property on 690 sqm land approx, ideally situated in one of Springvale's most sought-after locales. With a generous land size, this site offers multiple avenues for development: Multi-Unit Development (STCA): Potential to construct up to three units, capitalizing on the area's strong demand for quality housing and close to main amenities. Renovate & Expand: Retain the existing structure and build a substantial unit at the rear, perfect for extended families or rental income. Build Your Dream Home: Design and construct a custom residence in a vibrant community. Location Highlights: Proximity to Springvale Shopping Centre, offering a plethora of dining and retail options. Easy access to public transport, including Springvale Train Station. Close to reputable schools and recreational facilities. Don't miss this rare opportunity to invest in a property brimming with potential. Whether you're a seasoned developer or looking to establish your family home, 16 Rhodes Street is the canvas for your next project. Contact Laura Voinea today to arrange an inspection and explore the possibilities! For more Real Estate in Springvale contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
690 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Springvale over the last 12 months, the estimated median property value of 16 Rhodes Street is $939k.

Median value
$939k
Estimated value range
$640k - $1.6m
Median days on market
26
Estimated value trend
10%
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 16 Rhodes Street

2025
Sold
$918,000
Auction Sale on 29 May 2025 by Laura Voinea, of Area Specialist - VIC

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 53 reviews in Springvale over the last 12 months.

Local market activity for 3 bedroom houses in Springvale

In the last 12 months, 82 three-bedroom houses similar to 16 Rhodes Street, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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