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18 Royal Avenue, Springvale$1.89m
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For Salehouse

18 Royal Avenue

Springvale, VIC 3171, Australia
$1.80m – $1.98m
4 bed 2 bath 4 car988 m²

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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 Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
988 m²
Listed
1 month ago

Repayment calculator

$9,163/month
$4,581 /fortnight
Loan $1,512,000 at 6.10% over 30 years

Upfront costs

Deposit$378,000
Stamp duty$103,950
Conveyancing (est.)$2,000
Total upfront$483,950
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 4-bedroom house in Springvale, VIC 3171 sits within reach of public transport, local shops and nearby schools. It is listed 131% above the $819,000 median of 73 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)478 m away
  • Mobility Aids1.8 km away
  • Davis Reserve980 m away
  • Warner Reserve1.1 km away
  • Unnamed1.5 km 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 4 bed

Compound growth +4.3% / yr over 4 yrs

$1.07mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

1 price change recorded for this property

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