Back 5/717 Princes Hwy
Off Market

5/717 Princes Hwy

Springvale VIC 3171

1
1
1
Apartment
Last sold for $264,500
E Sha HatE Sha Hat, last sold this property on 31 July 2025 after 93 days on market.

Overview

PERFECT ENTRY-LEVEL INVESTMENT OR FIRST HOME!

Located for unbeatable convenience, this well-maintained 1 bedroom apartment offers the perfect low-maintenance lifestyle or an outstanding addition to your investment portfolio. Sitting on a quiet service lane, this first floor home delivers both comfort and value, generating a strong rental yield of $1,343 pcm. The property features a bright and spacious bedroom with built-in storage, an open living area, and a neat kitchen and bathroom setup. Investors will appreciate the steady rental returns, while first home buyers will love the easy care layout and superb positioning. Enjoy quick access to M1 Freeway and Eastlink, while M-City Shopping Centre, IKEA Springvale, and Monash University are just minutes away. Shops are right across the road, and you're well connected to Wellington Secondary College, Springvale Rise Primary, and major transport links for an easy commute to the Melbourne CBD and Glen Waverley. Whether you're investing or moving in, this property offers unmatched value in a high-demand location! 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.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Springvale over the last 12 months, the estimated median property value of 5/717 Princes Hwy is $290k.

Median value
$290k
Estimated value range
$258k - $330k
Median days on market
32
Estimated value trend
-3%
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 5/717 Princes Hwy

2025
Sold
$264,500
31 Jul 2025 by E Sha Hat, of Barry Plant Noble Park
2023
Rented
Undisclosed
Leased on 05 Apr 2023 by LJ Hooker Springvale
2015
Sold
$180,000
Private Sale/Treaty on 14 Aug 2015

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 1 bedroom apartments in Springvale

In the last 12 months, 7 one-bedroom apartments similar to 5/717 Princes Hwy, have been sold.

This represents a 166% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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