Market snapshot
Suburb insights for Springvale South3172
Change suburbSpringvale 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.
Sales data
Median sale price
$908k
Quarterly price change
4.9%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Springvale South | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | $865,100 | $870,000 |
| 4 | $940,000 | $990,000 |
| Insight | Springvale South | Metro comparison |
|---|---|---|
| Clearance rate | 50% | 69.4% |
| Days on market | 48 | 45 |
Rental data
Median weekly rent
$655
Rental yield
3.7%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Springvale South | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | $650 | $570 |
| 4 | - | $600 |
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