Profile for Springvale

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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
1/30 Hope St, Springvale 3 Unit Passed in at Auction 08/12/2018 iSell
8 Pullen Ct, Springvale 4 House (Res) Auction Sale 08/12/2018 Leyton Real Estate
2/24 Sullivan St, Springvale 2 Townhouse (Res) Passed in at Auction 08/12/2018 Barry Plant
22 Ellen St, Springvale 3 House (Res) Auction Sale 08/12/2018 iSell
39 Regent Av, Springvale 3 House (Res) Sold Before Auction 06/12/2018 iSell

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$900k

Metro Melbourne

$834k

Quarterly Price Change

13.2%

Metro Melbourne

0.0%

Median Rent

$375

Metro Melbourne

$450

Rental Yield

2.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 40 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $700,000 $895,000
3 Bedrooms $775,500 $744,750
4 Bedrooms $892,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $335 $480
3 Bedrooms $380 $420
4 Bedrooms $440 $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$601k

Metro Melbourne

$604k

Quarterly Price Change

4.7%

Metro Melbourne

0.2%

Median Rent

$360

Metro Melbourne

$420

Rental Yield

3.1%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 40 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $540,000 $575,000
3 Bedrooms $632,500 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $250 $365
2 Bedrooms $360 $431
3 Bedrooms $440 $520

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