Profile for Springvale South

3172

Springvale South is located 25 km south-east of the CBD. With Heatherton Road in the north and the Westall Road extension in the west Springvale South is a residential suburb located in Melbourne's south-east. The suburb is multiculturally diverse and has the highest concentration of Cambodians in Melbourne. Springvale South also features the Springvalley BMX Track and the Springvale Plaza. A high proportion (41%) of the suburb's labour force are employed in the manufacturing sector.

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Median data for June Quarter 2021. Click here for details.

Median Sale Price

$817k

Metro Melbourne

$1.01mil

Annual Price Change

8.1%

Metro Melbourne

11.7%

Median Rent

n/a

Metro Melbourne

$480

Rental Yield

n/a

Metro Melbourne

2.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 85.2%
Days on Market n/a 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $980,000
3 Bedrooms $781,300 $846,000
4 Bedrooms n/a $1,040,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms n/a $450
4 Bedrooms n/a $500

Median data for June Quarter 2021. Click here for details.

Median Sale Price

$600k

Metro Melbourne

$680k

Annual Price Change

18.3%

Metro Melbourne

4.8%

Median Rent

n/a

Metro Melbourne

$400

Rental Yield

n/a

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 85.2%
Days on Market n/a 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $398,000
2 Bedrooms $477,500 $610,000
3 Bedrooms n/a $830,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $330
2 Bedrooms n/a $415
3 Bedrooms n/a $520

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