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3 Stephenson Street, Springvale, Vic 3171 For Sale
3 Stephenson Street, Springvale, Vic 3171 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image 3 Stephenson Street, Springvale, Vic 3171-Image

3 Stephenson Street, Springvale, Vic 3171

$950,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
712 m²
Area

Published on Wednesday, August 12, 2026 ( See property details for 3 Stephenson Street, Springvale, Vic 3171)

$950,000 - $990,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 712m² property in prime Springvale Central offering development potential, immediate rental income, and exceptional convenience.

🏡 Property Highlights

  • Prime 712m² (approx.) land in sought-after Springvale Central
  • Excellent development potential (STCA) for townhouses or a dream home
  • Highly convenient location near Springvale Station and shopping precinct
  • Currently leased to a long-term tenant providing immediate rental income
  • Close to schools, transport, cafes, Asian supermarkets, and amenities
  • Vendor motivated to sell, offering a rare opportunity

✨ Key Features

  • Open-Plan Living
  • Built in robes
  • Waterfront / Views
  • Fully fenced
  • Open-Plan Living
  • Water tank
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Garage / Secure Parking
Latest Aerial Imagery Available
3 Stephenson Street
Springvale, VIC 3171
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Vertical aerial view — 3 Stephenson Street
3 Stephenson Street — Vertical Aerial  •  Springvale, VIC 3171  •  Nearmap © 2026

Springvale is a vibrant suburb renowned for its multicultural community, excellent transport links, diverse shopping options, and family-friendly amenities. Its strategic location offers strong growth potential, making it ideal for developers and investors seeking long-term capital appreciation. The area boasts a mix of established homes and new developments, with easy access to schools, parks, and public transport. Springvale’s lively atmosphere and convenient lifestyle make it one of Melbourne’s most desirable suburbs.

What are the development options for this property?
Subject to council approval, the 712m² site offers potential for multiple townhouses, a large family home, or other residential developments, making it suitable for various investment or building plans.
Is the property currently tenanted?
Yes, the property is leased to a long-term tenant, providing immediate rental income while planning your future development or investment strategy.
What amenities are nearby?
The property is within walking distance to Springvale Station, shopping centres, restaurants, cafes, medical clinics, schools, Asian supermarkets, the library, and playgrounds, ensuring a highly convenient lifestyle.
Are there any restrictions or approvals needed for development?
Development will require council approval (STCA). It is recommended to consult with local planning authorities to understand specific zoning and development guidelines.
What is the condition of the property?
The property is in good condition, currently leased, and ready for immediate occupancy or development, with potential for upgrades or modifications as desired.
Are there any zoning restrictions or planning overlays that could affect development plans? What are the total costs involved in developing the site, including council fees and permits? Are there any easements, covenants, or restrictions on the land? Has the property been affected by flooding or bushfire risks? Are there any upcoming planning or construction activities nearby that could impact the property’s value or livability? Is there any history of structural issues or defects with the existing structures? What are the strata or body corporate considerations if planning multiple dwellings? Are there any hidden costs associated with the current tenancy or property condition? Is the property compliant with all local building codes and regulations? What are the long-term growth prospects and market trends in Springvale?

3 Stephenson Street, Springvale, Vic 3171 - More Details

$950,000 - $990,000

Positioned in one of the most sought-after pockets of Springvale Central, this exceptional 712m² (approx.) property offers an outstanding opportunity for developers, investors, or families looking to secure a prime location.
Conveniently located just a few minutes' walk from all the amenities that Springvale has to offer, including Springvale Train Station, Springvale Shopping Centre, restaurants, cafés, medical clinics, primary and secondary schools, Asian supermarkets, the library, and children's playgrounds.
With enormous potential (STCA), you have several exciting options:
• Develop the site into multiple townhouses in this high-demand location, where quality new homes are always in strong demand
• Build your dream home and enjoy the convenience of living close to schools, transport, shopping, and all essential amenities.
• Invest in this valuable landholding and benefit from the long-term capital growth that this prime Springvale location has to offer.
• Property is just off Springvale road
• Few minutes walked to Springvale station, Springvale shopping central, and all amenities of Springvale central
• Vendor is keen to sell
The property is currently leased to a long-term tenant, providing immediate rental
income while you plan your future development or investment.
Opportunities like this are rare. Call us today,

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
712 m²

Price guide

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