Back 18 Royal Avenue
Off Market

18 Royal Avenue

Springvale VIC 3171

4
2
4
988 m²
House
Last sold for $1,880,000
Gavin HooGavin Hoo, last sold this property on 28 September 2026 after 121 days on market.

Overview

Prime Development Opportunity Residential Growth Zone

Positioned in the most sought after location of prime central Springvale, this exceptional real estate opportunity presents a rare chance for developers, business operators, and savvy investors alike. Zoned Residential Growth Zone (high-density), the site offers outstanding flexibility for future use, including the potential to develop townhouses or apartments (STCA), or establish a medical practice, clinic, or other commercial-style operation (subject to council approval). With unrivalled convenience, the property is surrounded by a thriving mix of retail, business precincts, public transport including Springvale train station, as well as schools and essential amenities all within walking distance. This high-exposure location ensures strong long-term demand and excellent connectivity, making it an ideal holding or redevelopment site. The existing residence comprises four well-proportioned bedrooms, a spacious and light-filled lounge area, and a functional, well-equipped kitchen adjoining a generous dining space. Two bathrooms service the home, offering practicality for family living or interim rental income while future plans are considered. Whether you are looking to landbank, develop, or occupy, this is a blue-chip Springvale opportunity with significant upside in a rapidly evolving growth corridor.

Features

4 bedrooms
2 bathrooms
4 carspaces
988 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Springvale over the last 12 months, the estimated median property value of 18 Royal Avenue is $958k.

Median value
$958k
Estimated value range
$765k - $1.88m
Median days on market
26
Estimated value trend
-2%
decrease 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 18 Royal Avenue

2026
Sold
$1,880,000
Private Sale/Treaty on 28 Sep 2026 by Gavin Hoo, of Barry Plant Whitehorse (Mitcham)
2016
Sold
$1,705,000
Auction Sale on 01 Apr 2016 by Harry Li, of iSell Group
2011
Sold
Undisclosed
Auction Sale on 19 Mar 2011

Happy sellers in Springvale

78%
78% 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 35 reviews in Springvale over the last 12 months.

Local market activity for 4 bedroom houses in Springvale

In the last 12 months, 32 four-bedroom houses similar to 18 Royal Avenue, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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