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
4 Keets Ct, Springvale 3 House (Res) Auction Sale 22/02/2020 Area Specialist Keysborough
3 Amaryn Ct, Springvale 3 House Sold Before Auction 01/02/2020 Ray White Clayton

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

Median Sale Price

$807k

Metro Melbourne

$860k

Quarterly Price Change

12.1%

Metro Melbourne

3.7%

Median Rent

$380

Metro Melbourne

$460

Rental Yield

2.6%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 74%
Days on Market 55.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $861,000
3 Bedrooms $736,500 $730,000
4 Bedrooms $788,000 $865,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $330 $500
3 Bedrooms $385 $430
4 Bedrooms n/a $480

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

Median Sale Price

$580k

Metro Melbourne

$639k

Quarterly Price Change

12.3%

Metro Melbourne

3.8%

Median Rent

$360

Metro Melbourne

$430

Rental Yield

3.4%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 74%
Days on Market 55.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $365,000
2 Bedrooms $497,000 $573,400
3 Bedrooms $580,000 $767,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $250 $370
2 Bedrooms $350 $450
3 Bedrooms $480 $530

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