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38 St johns Avenue, Springvale$2.85m
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38 St johns Avenue

Springvale, VIC 3171, Australia
$2.75m – $2.95m
4 bed 1 bath 2 car920 m²

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About this property

ITS ADDRESSED: 38 St Johns Avenue, Springvale Vic 3171 An exceptional investment opportunity in one of Melbourne's fastest-growing south-eastern suburbs, 38 St Johns Avenue, Springvale delivers the rare combination of a substantial landholding, premium location and approved plans and permits for an NDIS Specialist Disability Accommodation (SDA) development. With approvals already secured, this outstanding site allows developers and SDA providers to move forward with confidence, significantly reducing the time, cost and uncertainty associated with obtaining planning approval. Set on a generous 919.74m² (approx.) rectangular allotment with an impressive 20.12-metre frontage (approx.), the property offers exceptional development credentials in a location renowned for strong demand, excellent connectivity and established community infrastructure. The existing four-bedroom residence provides the flexibility to generate rental income while finalising project timelines or preparing for construction. Development Highlights Approved plans and permits for an NDIS Specialist Disability Accommodation (SDA) development Ready-to-deliver project with approvals in place Approx. 919.74m² rectangular allotment Approx. 20.12m street frontage Existing four-bedroom home offering holding income potential Outstanding opportunity for SDA providers, developers and long-term investors Existing Residence Four generous bedrooms Spacious formal lounge Separate dining area Timber kitchen with ample storage Timber flooring Double garage Large backyard with established gardens Premium Location Ideally positioned opposite St Joseph's Primary School and within easy walking distance of Springvale Shopping Centre, Springvale Market, Springvale Railway Station, medical facilities, schools, cafés and restaurants, the property offers exceptional convenience for future residents and strong appeal for SDA accommodation. Easy access to Princes Highway, Monash Freeway, Eastlink and major hospitals further enhances this strategic location. A Rare SDA Investment Opportunity Demand for high-quality Specialist Disability Accommodation continues to grow across metropolitan Melbourne. Opportunities to acquire a site with planning approvals already secured are increasingly scarce, making this an outstanding acquisition for developers, SDA providers, community housing organisations and investors seeking a project with reduced approval risk and significant long-term potential. Opportunities of this Caliber are exceptionally rare. Secure a premium SDA-ready development site in the heart of Springvale and bring your next project to life. For further information, including approved plans, permits and the development information package, contact the exclusive selling agent today. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, no guarantee is given. Prospective purchasers should make their own enquiries to satisfy themselves of any relevant matters

Property Details

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

Repayment calculator

$13,817/month
$6,908 /fortnight
Loan $2,280,000 at 6.10% over 30 years

Upfront costs

Deposit$570,000
Stamp duty$165,250
Conveyancing (est.)$2,000
Total upfront$737,250
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 255% above the $802,500 median of 65 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

  • St James Avenue (bus)245 m away
  • Unnamed96 m away
  • Erickson Gardens269 m away
  • Library Reserve404 m away
  • Unnamed406 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 4 bed

Compound growth +2.1% / yr over 4 yrs

$973kcurrent median

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