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Lot Unit 4 – 10 Watt Street – Springvale

  • $660,000
Springvale, Melbourne, VIC, 3171
Springvale, Melbourne, VIC, 3171
  • $660,000

Overview

Property ID: LA-69710
  • Town House/Unit
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 1
  • Parking
  • 123.00
  • m²

Details

Updated on January 30, 2024 at 6:54 am
  • Property Type: Town House/Unit
  • Price: $660,000
  • Land Price: $0
  • Build Price: $0
  • Gross Per Week: $493
  • Gross Per Annum: $25,636
  • Gross Yield: 3.88%
  • SMSF Deposit: $132,000
  • Capital Growth 12 Months: -5.06%
  • Capital Growth 10 Year Annualised: 5.16%
  • Vacancy Rate: 0.20%
  • Property Size: 123.00 m²
  • Land Area: 33.5 m²
  • Bedrooms: 2
  • Bathroom: 1
  • Parking: 1
  • Title Status:
  • Floor Plan: -
  • Property ID: LA-69710
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us* 

Springvale is a suburb in Melbourne, Victoria, Australia, 22 km (14 mi) southeast of the Melbourne central business district. Its local government area is the City of Greater Dandenong. 

Springvale is a large suburb occupying 11.2 km2 (4.3 sq mi), bounded by Westall Road to the west, Princes Highway and Police Road to the north, the Springvale Crematorium and Corrigan Road to the northeast, Heatherton Road to the south and Lawn Road to the southeast. Springvale is linked to the Melbourne CBD by Monash Freeway via the Ferntree Gully Road exit to the suburb's northwest.

Springvale has two suburban railway stations, both located on the Pakenham/Cranbourne line of the Melbourne rail network. Several bus routes also run through the suburb

Address

Open on Google Maps
  • Address Melbourne, Springvale, VIC, 3171
  • City Melbourne
  • State VIC
  • Postcode 3171
  • Suburb Springvale

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

 

Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

 

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

SMSF Friendly

This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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