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 Harmony Ct, Springvale south 2 House (Res) Auction Sale 19/10/2019 Barry Plant
5 Joshua Cl, Springvale south 4 House (Res) Passed in at Auction 19/10/2019 Century 21 Theresa Huynh

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$665k

Metro Melbourne

$830k

Quarterly Price Change

3.9%

Metro Melbourne

4.5%

Median Rent

$385

Metro Melbourne

$451

Rental Yield

3%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 43.5 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $667,500 $720,000
4 Bedrooms n/a $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $380 $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$494k

Metro Melbourne

$595k

Annual Price Change

-5.1%

Metro Melbourne

-0.4%

Median Rent

$350

Metro Melbourne

$430

Rental Yield

3.7%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 43.5 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms n/a $560,000
3 Bedrooms n/a $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $343 $445
3 Bedrooms n/a $530

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