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18 Royal Avenue

Springvale, VIC 3171, Australia
$1.80m
4 bed 2 bath 4 car988m²

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Area Price Guide
$1.69m$1.91m

Indicative price guide range

🏘️
84
Comparable
📊
$820,000
Area median
⚖️
+120%
vs median
📐
$1,822
Per m²
📏
988 m²
Land
🗓️
Today
Listed

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Positioned in the most sought after location of prime central Springvale, this exceptional real estate opportunity presents a rare chance for developers, business operators, and savvy investors alike. Zoned Residential Growth Zone (high-density), the site offers outstanding flexibility for future use, including the potential to develop townhouses or apartments (STCA), or establish a medical practice, clinic, or other commercial-style operation (subject to council approval). With unrivalled convenience, the property is surrounded by a thriving mix of retail, business precincts, public transport including Springvale train station, as well as schools and essential amenities all within walking distance. This high-exposure location ensures strong long-term demand and excellent connectivity, making it an ideal holding or redevelopment site. The existing residence comprises four well-proportioned bedrooms, a spacious and light-filled lounge area, and a functional, well-equipped kitchen adjoining a generous dining space. Two bathrooms service the home, offering practicality for family living or interim rental income while future plans are considered. Whether you are looking to landbank, develop, or occupy, this is a blue-chip Springvale opportunity with significant upside in a rapidly evolving growth corridor.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $8,726/month
    $4,363 /fortnight
    Loan $1,440,000 at 6.10% over 30 years

    Upfront costs

    Deposit$360,000
    Stamp duty$99,000
    Conveyancing (est.)$2,000
    Total upfront$461,000
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    4
    Land Area
    988m²
    Listed
    Today

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