Springvale is located 23 km south-east of the CBD. Springvale is a multiculturally diverse suburb in Melbourne's south-east with the highest concentration of Vietnamese in Melbourne and a strong Cambodian presence. Springvale's land uses are varied with significant commercial areas along Springvale Rd around the railway station while industrial areas occupy the north west region. The suburb also features the Springvale Shopping Centre Springvale Crematorium and Necropolis and The Sandown Racecourse and Entertainment Centre.
Median data for December 2019 Quarter. Click here for details.
Median Sale Price
$807k
Metro Melbourne
$860k
Quarterly Price Change
12.1%
3.7%
Median Rent
$380
$460
Rental Yield
2.6%
2.9%
$580k
$639k
12.3%
3.8%
$360
$430
3.4%
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