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16 Lucian Avenue, Springvale$1.10m
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16 Lucian Avenue

Springvale, VIC 3171, Australia
$1.05m – $1.16m
3 bed 1 bath 1 car594 m²

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About this property

A rare opportunity awaits in the heart of Springvale! Positioned on a prominent corner block at 16 Lucian Avenue, this well-maintained home comes with an approved permit to build a brand-new 4-bedroom double storey residence with separate access from Mary Street, while retaining the existing dwelling for immediate living or rental income. Set on a generous approx. 594sqm rectangular allotment, this property offers exceptional flexibility and strong future upside - perfect for homeowners, investors, or developers looking to maximise capital growth. Live in, rent out, or develop - the choice is yours. Key highlights: • Approved permit for architect-designed 4-bedroom double-storey residence • Dual access from Lucian Avenue and Mary Street • Prominent corner position with exceptional street presence Unmatched lifestyle convenience: Enjoy walking access to Springvale Shopping Centre, train station, local cafés, schools, and recreational facilities. Moments to Monash University, major arterials, EastLink, and key employment hubs. Unbeatable convenience: Walking distance to Springvale Shopping Centre, Springvale Train Station, local schools, parks, and Springvale North Tennis Club. Short drive to Monash University, EastLink, and major freeways. This is a blue-chip opportunity for the discerning buyer seeking flexibility, long-term capital growth, and premium development upside. The existing home features: • 3 spacious bedrooms • Modern kitchen with gas cooking and ample storage • 2 bathrooms/showers • Timber flooring in bedrooms • Split system heating & cooling Act now - opportunities like this are tightly held and rarely last. Contact Harvey Nhan 0432 558 881 / Vinh (Brian) Huynh 0431 485 034 & Professionals Noble Park/ Springvale/ Keysborough team today for inspection. Photo ID required at open for inspections Note: We donate a portion of our fee from every property transaction to the National Breast Cancer Foundation. Disclaimer: Whilst all care is taken by All pro real estate group Pty Ltd (trading as Professionals Noble Park/Springvale /Keysborough) ABN: 83 655 610 030 to provide correct information that the information contained herein this document shall be strictly construed to be of a general nature only and will not be relied upon by you. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Virtual image applied for illustration purposes.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
594 m²
Listed
1 month ago

Repayment calculator

$5,345/month
$2,672 /fortnight
Loan $882,000 at 6.10% over 30 years

Upfront costs

Deposit$220,500
Stamp duty$60,638
Conveyancing (est.)$2,000
Total upfront$283,138
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Springvale

This 3-bedroom house in Springvale, VIC 3171 sits within reach of public transport, local shops and nearby schools. It is listed 33% above the $829,500 median of 74 comparable houseswithin 5 km.

Schools near Springvale

  • Minaret Collegecombined · Prep-12 · CoEd
  • Heatherhill Primary Schoolprimary · Prep-6 · CoEd
  • Spring Parks Primary Schoolprimary · Prep-6 · CoEd
  • Springvale Rise Primary Schoolprimary · Prep-6 · CoEd
  • Killester Collegesecondary · 7-12 · Girls

What's nearby

  • Springvale 2 (train)771 m away
  • Mobility Aids856 m away
  • Warner Reserve335 m away
  • Unnamed678 m away
  • Unnamed869 m away

Springvale at a glance

Full suburb profile
Population
22,174
Median age
36
Household income
$1,402/wk
Median rent
$357/wk
Median mortgage
$1,750/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Springvale price trend

Median sold · House 3 bed

Compound growth +2.8% / yr over 4 yrs

$918kcurrent median

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Price history

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1 price change recorded for this property

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