Profile for Springvale South

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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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Recent Sales & Auction Results in Springvale South

Address Price Type Method Sale Date Agent
Property List
38 Broadoak St, Springvale south 3 House (Res) Auction Sale 15/06/2024 Ray White Noble Park/Springvale

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$875k

Metro Melbourne

$929k

Quarterly Price Change

9.7%

Metro Melbourne

2%

Median Rent

$550

Metro Melbourne

$550

Rental Yield

3.4%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 83.3% 75.3%
Days on Market 42 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $793,500 $810,000
4 Bedrooms $896,250 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $550 $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$534k

Metro Melbourne

$635k

Quarterly Price Change

-15.3%

Metro Melbourne

0.3%

Median Rent

$490

Metro Melbourne

$520

Rental Yield

4.4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 83.3% 75.3%
Days on Market 42 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $508,500 $600,000
3 Bedrooms $675,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms n/a $540
3 Bedrooms n/a $620

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