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8 Richard Street

Springvale South, VIC 3172, Australia
$800,000
3 bed 1 bath 1 car534m²

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Area Price Guide
$752,000$848,000

Indicative price guide range

🏘️
82
Comparable
📊
$790,000
Area median
⚖️
+1%
vs median
📐
$1,498
Per m²
📏
534 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

Set in an established Springvale South pocket, this property presents a practical opportunity for renovators, flippers or buyers considering a knockdown rebuild project (STCA). With an existing home, generous internal footprint and scope to rethink the site, it offers a strong starting point for those prepared to take on a serious renovation. Positioned close to local schools, shopping options, parks and transport, the address provides everyday convenience with easy access to Springvale Road and surrounding amenities. The current home includes two living areas, providing flexibility for future redesign or improvement. An extended entertaining area adds further usable space, while the double garage is currently used for storage and supports the property's practical appeal. The home requires work, but the location and existing layout create a clear opportunity to add value over time. - Existing home suited to renovation or redevelopment (STCA) - Appealing project for renovators, flippers or builders - Potential knockdown rebuild opportunity (STCA) - Two separate living areas - Extended entertaining area - Double garage currently used for storage - Established Springvale South location - Close to schools, shops, parks and transport - Easy access to Springvale Road and local amenities - Clear scope to improve, transform or rebuild A suitable option for buyers seeking a serious project with land, location and future upside in Springvale South. Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

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

    Repayment calculator

    $3,878/month
    $1,939 /fortnight
    Loan $640,000 at 6.10% over 30 years

    Upfront costs

    Deposit$160,000
    Stamp duty$43,070
    Conveyancing (est.)$2,000
    Total upfront$205,070
    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
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Land Area
    534m²
    Listed
    Today

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