Back 8/2 Kelvin Grove
Off Market

8/2 Kelvin Grove

Springvale VIC 3171

2
1
1
Unit
Last sold for $315,000
Mitchell NguyenMitchell Nguyen, last sold this property on 24 June 2020 after 156 days on market.

Overview

Immaculate 2 Bed apartment in Springvale Central!

This is a glorious chance to secure a pristine, updated apartment in Springvale central desired pocket. With renovations over recent years, this is ideal for either the owner occupier or investor looking for great rental returns. With potential rental of up to $320/week ($16,640/annum), future tenants will help pay off your mortgage, with positive cash flow a genuine possibility. Comprising of: • 2 large bedroom • Separate Shower, vanity & toilet • Modern Kitchen & Family area, floorboards throughout • Allocated Car space • Within short walking distance to Springvale Train station and shopping at Springvale Central Offering easy access to schools, shops & transport, this will be a wise investment, whether it's for living in/rental purpose. Priced to sell, make sure you get in before it's too late!

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Springvale over the last 12 months, the estimated median property value of 8/2 Kelvin Grove is $610k.

Median value
$610k
Estimated value range
$360k - $775k
Median days on market
28
Estimated value trend
12%
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 8/2 Kelvin Grove

2020
Sold
$315,000
Private Sale (EOI) on 24 Jun 2020 by Mitchell Nguyen, of iSell Group
2017
Sold
$328,000
Private Sale/Treaty on 10 May 2017

Happy sellers in Springvale

87%
87% 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 units in Springvale

In the last 12 months, 23 two-bedroom units similar to 8/2 Kelvin Grove, have been sold.

This represents a 46% decrease in two-bedroom units sales when compared to the previous 12 months.

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