Back 4/5 Rhodes St
Off Market

4/5 Rhodes St

Springvale VIC 3171

3
2
1
186 m²
Unit
Last sold for $630,000
Ben DangBen Dang, last sold this property on 30 October 2024 after 57 days on market.

Overview

STREET FRONTAGE IN DESIRABLE POCKET

SALE BY SET DATE ENDING THURSDAY 7th NOVEMBER AT 12:00PM (unless sold prior) Positioned perfectly in close proximity to Springvale Central, this 3-bedroom unit is currently being utilised as a 4-bedroom, 2-bathroom property with a carport space, yielding a rental income of $2,800 per month. It is within short walking distance of Springvale train station and bus services on Springvale Road, helping you save on vehicle costs. Situated in a low-maintenance block of 4 units with inactive owners' corporation fees, and located at the front of the block, it is ideal for downsizers, investors, or first-home buyers entering the Springvale market. The unit offers 3 bedrooms with built-in robes, 2 bathrooms for convenient living, an open-plan kitchen and dining space, and a formal living room that can be used as a 4th bedroom. There is an enclosed pergola, a courtyard for private enjoyment or entertaining guests, and a storage room at the back of the carport. Located in a desirable pocket of Springvale, close to the business hub, it is within walking distance of Warner Reserve and a short drive to Springvale Rise Primary School, Wellington Secondary College, Minaret College, Killester College, and Monash University, with easy access to Springvale Road, linking to other destinations and amenities. Photo I.D. required at all inspections. DISCLAIMER: The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied. Please be advised that some images included in our marketing materials feature digital enhancement/virtual staging techniques designed to illustrate the property's potential appearance; these alterations are solely for visualization purposes.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
186 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Springvale over the last 12 months, the estimated median property value of 4/5 Rhodes St is $700.25k.

Median value
$700.25k
Estimated value range
$535k - $890k
Median days on market
29
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 4/5 Rhodes St

2024
Sold
$630,000
Private Sale/Treaty on 30 Oct 2024 by Ben Dang, of Barry Plant Noble Park
2021
Sold
$618,000
Auction Sale on 24 Jun 2021 by Viet Ha, of @realty - VIC
2018
Sold
$561,000
Private Sale/Treaty on 28 May 2018

Happy sellers in Springvale

82%
82% 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 47 reviews in Springvale over the last 12 months.

Local market activity for 3 bedroom units in Springvale

In the last 12 months, 10 three-bedroom units similar to 4/5 Rhodes St, have been sold.

This represents a 60% increase in three-bedroom units sales when compared to the previous 12 months.

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