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
30 Glenwood Dr, Springvale south 5 House (Res) Auction Sale 13/04/2019 iSell

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

Median Sale Price

$680k

Metro Melbourne

$797k

Quarterly Price Change

-5.6%

Metro Melbourne

-3.7%

Median Rent

$380

Metro Melbourne

$450

Rental Yield

2.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 33 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $720,000 $733,000
4 Bedrooms $809,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $380 $420
4 Bedrooms n/a $480

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

Median Sale Price

$503k

Metro Melbourne

$597k

Annual Price Change

10.4%

Metro Melbourne

1.8%

Median Rent

$350

Metro Melbourne

$420

Rental Yield

3.6%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 33 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $485,000 $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $330 $440
3 Bedrooms $425 $521

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