Back 43 Victoria Ave
Off Market

43 Victoria Ave

Springvale VIC 3171

2
2
2
920 m²
House
Thu LeThu Le, last sold this property on 28 May 2026 after 35 days on market.

Overview

43 VICTORIA AVENUE OPPORTUNITY IN GENERAL RESIDENTIAL ZONE 3

43 VICTORIA AVENUE OPPORTUNITY IN GENERAL RESIDENTIAL ZONE 3 Strategically positioned in Springvale's highly sought-after General Residential Zone Schedule 3, this expansive 920sqm (approx.), 20.11m wide frontage, level and rectangular allotment presents an exceptional opportunity to redevelop with multiple dwellings (STCA). Currently tenanted, the property provides immediate rental income while investors, builders, or developers prepare plans and secure permits (STCA), offering both flexibility and future upside. The existing residence is well-maintained and generously proportioned, featuring two spacious bedrooms plus two sleepoutsideal for families or tenants seeking comfort and flexibility. The home is complemented by two well-appointed bathrooms, a separate toilet, and two sleepouts, ensuring practicality and flexibility for larger households. A functional floorplan allows for seamless flow between living, dining, and private zones, creating a warm and inviting environment suited to everyday living. Perfectly located for lifestyle convenience, the property is within easy walking distance to Springvale Shopping Centre, Springvale Market Square, Springvale Train Station, local bus services, medical clinics, St Joseph's Primary School, Springvale Rise Primary School, Killester College, Westall Secondary College, Springvale Library, and nearby parklands. A short drive provides access to Monash University, Sandown Racecourse, IKEA, Monash Medical Centre, Victorian Heart Hospital, M-City Shopping Centre, as well as EastLink and the Monash Freeway. Whether you're looking to develop, invest, or landbank, this is a rare opportunity to secure a substantial parcel of land in a thriving and well-connected location. Terms: 10% deposit Balance: 60/90 days PLEASE NOTE: - Photo ID Required for all Inspections - All enquiries MUST include a contact telephone number

Features

2 bedrooms
2 bathrooms
2 carspaces
920 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Springvale over the last 12 months, the estimated median property value of 43 Victoria Ave is $965k.

Median value
$965k
Estimated value range
$670k - $1.48m
Median days on market
32
Estimated value trend
41%
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 43 Victoria Ave

2026
Sold
Undisclosed
Auction Sale on 28 May 2026 by Thu Le, of Leyton Real Estate
2008
Sold
Undisclosed
24 Oct 2008 by Chris Drieberg, of Stockdale & Leggo Dandenong

Happy sellers in Springvale

83%
83% 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 2 bedroom houses in Springvale

In the last 12 months, 7 two-bedroom houses similar to 43 Victoria Ave, have been sold.

This represents a 60% decrease in two-bedroom houses sales when compared to the previous 12 months.

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