Profile for Springvale

3171

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.

Recent Sales & Auction Results in Springvale

Address Price Type Method Sale Date Agent
Property List
10 Moishe Cirt, Springvale - Land (Res) Auction Sale 19/10/2019 Ray White Wantirna
5/8 St James Av, Springvale 2 Apartment Auction Sale 19/10/2019 LJ Hooker Springvale

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$739k

Metro Melbourne

$830k

Quarterly Price Change

4%

Metro Melbourne

4.5%

Median Rent

$380

Metro Melbourne

$451

Rental Yield

2.8%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 56 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $712,000 $720,000
4 Bedrooms $738,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $325 $500
3 Bedrooms $380 $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$517k

Metro Melbourne

$614k

Quarterly Price Change

-5%

Metro Melbourne

3.9%

Median Rent

$350

Metro Melbourne

$430

Rental Yield

3.4%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 56 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms $522,500 $560,000
3 Bedrooms $625,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $250 $370
2 Bedrooms $350 $445
3 Bedrooms $480 $530

Loading chart...

Find an Agent

Whether you are selling, buying, leasing or renting, choose an REIV member.

Find a Member

Find a Property

Search for the latest listings on view.com.au

Start Now

PropertyData

The credible and trusted source of data for real estate professionals.

Find out more