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617 SPRINGVALE ROAD,
VERMONT SOUTH VIC 3133

This property is Off Market


  • The Average property sold price in the surrounding area is $1,687,658.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 16.62 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

For Sale Nearby

Harcourts 394 BURWOOD HWY, VERMONT SOUTH, VIC, 3133 $4,900,000 - $5,390,000 10 Beds - 4 Baths - Parking Within 0.3 km Harcourts 413 BURWOOD HWY, VERMONT SOUTH, VIC, 3133 Auction 30 Oct 2021 8 Beds - 4 Baths - 6 Parking Within 0.4 km Ray White 5 PARKLEIGH CT, VERMONT SOUTH, VIC, 3133 2600000 5 Beds - 4 Baths - 2 Parking Within 0.6 km Harcourts 9 STRADELLA AV, VERMONT SOUTH, VIC, 3133 Forthcoming Auction Contact Agent 5 Beds - 3 Baths - 2 Parking Within 0.7 km Harcourts 2 RITZ ST, VERMONT SOUTH, VIC, 3133 Auction Contact Agent 4 Beds - 2 Baths - 2 Parking Within 0.7 km Harcourts 15 MORAN CT, VERMONT SOUTH, VIC, 3133 Private Sale Contact Agent 5 Beds - 3 Baths - 2 Parking Within 0.8 km Harcourts 8 CANTALA CT, VERMONT SOUTH, VIC, 3133 Auction Contact Agent 4 Beds - 2 Baths - 2 Parking Within 0.8 km Fletchers 27 VOGUE AV, VERMONT SOUTH, VIC, 3133 Sold $1,305,000 4 Beds - 3 Baths - 2 Parking Within 0.9 km Ray White UNIT 106, 1 CHARLNET DR, VERMONT SOUTH, VIC, 3133 565000 2 Beds - 2 Baths - 1 Parking Within 1.0 km Harcourts UNIT 1, 495-511 BURWOOD HWY, VERMONT SOUTH, VIC, 3133 AUCTION 4 Beds - 2 Baths - 1 Parking Within 1.2 km Harcourts 3 HUSKEY CT, VERMONT SOUTH, VIC, 3133 Auction this Sat 4-May 11am 4 Beds - 2 Baths - 2 Parking Within 1.2 km Harcourts APARTMENT 2, 8 SAXONWOOD DR, VERMONT SOUTH, VIC, 3133 Under Contract 3 Beds - 2 Baths - 2 Parking Within 1.2 km Harcourts 42 PRESTBURY DR, VERMONT SOUTH, VIC, 3133 Auction (unless sold prior) 4 Beds - 2 Baths - 2 Parking Within 1.2 km Harcourts 31 WOODLEIGH CR, VERMONT SOUTH, VIC, 3133 $1,200,000 to $1,300,000 4 Beds - 2 Baths - 2 Parking Within 1.6 km Harcourts 11 WALBROOK DR, VERMONT SOUTH, VIC, 3133 Contact Agent 4 Beds - 2 Baths - 2 Parking Within 1.7 km Harcourts 865 HIGHBURY RD, VERMONT SOUTH, VIC, 3133 Forthcoming Auction Contact Agent 5 Beds - 2 Baths - 2 Parking Within 1.7 km Harcourts 7 HEMPSTEAD AV, VERMONT SOUTH, VIC, 3133 $1,490,000 to $1,550,000 4 Beds - 2 Baths - 2 Parking Within 1.7 km Harcourts UNIT 1, 104 TERRARA RD, VERMONT SOUTH, VIC, 3133 AUCTION Contact Agent 5 Beds - 2 Baths - 2 Parking Within 2.0 km Harcourts 23-25 GEORGE RD, VERMONT SOUTH, VIC, 3133 Built, Subdivide, Nest $2,100,000 to $2,200,000 4 Beds - 2 Baths - 2 Parking Within 2.2 km

Recently Sold

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About Vermont South

With an average age of 43, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $501. The average family earns a weekly income of $2,016 with a typical household size of 2.9 and a 90.64% employment rate.

In Vermont South there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Vermont South are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Vermont South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Vermont South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Vermont South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Vermont South a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 1089 asthma sufferers and 573 people living with diabetes. In addition, 687 people have a heart/vascular condition and 926 people live with three or more chronic diseases.

A good place to invest in property?

Vermont South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

54 / 100

52 / 100

Industry

16 / 100

17 / 100

Population

24 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

34 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Weeden Heights Primary School Forest Hill College

Property Story

617 Springvale Road, Vermont South, Vic, 3133 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $1,060,000 while properties of this type typically sell for between $935,000 and $1,420,000 in this suburb. The estimated distance to the sea is 16.62km and at least 1.6KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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