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.

Recent Sales & Auction Results in Springvale South

Address Price Type Method Sale Date Agent
Property List
3/77-79 Athol Rd, Springvale South 2 Unit Auction Sale 08/12/2018 Biggin & Scott

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

Median Sale Price

$730k

Metro Melbourne

$834k

Quarterly Price Change

-2.7%

Metro Melbourne

0.0%

Median Rent

$380

Metro Melbourne

$450

Rental Yield

2.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 32.5 38
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $895,000
3 Bedrooms $750,000 $744,750
4 Bedrooms $855,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $480
3 Bedrooms $380 $420
4 Bedrooms n/a $475

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

Median Sale Price

$513k

Metro Melbourne

$600k

Annual Price Change

15.3%

Metro Melbourne

2.6%

Median Rent

$350

Metro Melbourne

$420

Rental Yield

3.5%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 32.5 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $492,500 $575,000
3 Bedrooms n/a $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $365
2 Bedrooms $330 $431
3 Bedrooms $410 $520

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