Market snapshot

Suburb insights for Springvale South3172

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Springvale South, approximately 24 km southeast of Melbourne's CBD and situated on the border of Springvale and Keysborough, is a quieter residential suburb characterised by leafy streets, family homes, and parks. It has a strong multicultural presence and is well served by schools, temples, and local reserves. Offering good value and a peaceful lifestyle, Springvale South is a popular choice for families and long-term residents.

Recent sales and auction results in Springvale South

AddressBedroomsPriceTypeMethodSale DateAgentListing
61 Spring Rd, Springvale South3PriceHousePrivate Sale10/03/2026iSellView

Sales data

Median sale price
$925k
Quarterly price change
-6.4%
Metro Melbourne Comparison
$992k
1.9%
BedroomsSpringvale SouthMetro comparison
2-$950,000
3$865,000$863,000
4$975,000$980,500
InsightSpringvale SouthMetro comparison
Clearance rate78.6%74.9%
Days on market3437

Rental data

Median weekly rent
$650
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.1%
BedroomsSpringvale SouthMetro comparison
2-$595
3$590$550
4-$595
Median data for the current quarter
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