Springvale South, VIC 3172

Springvale South, VIC 3172

Compare Part of Greater Dandenong

23.90 km
Distance from CBD
22 k
Population

Auction Times

Sat 6 Apr
Auction Time Agency
20 Paterson Road
3 2 4 House
10:30 AM
Sat 6th Apr
Buxton Keysborough
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$380,800
0.0% $305,000 $910,000 82
2010
$460,000
+17.2% $285,000 $1,353,000 108
2011
$418,000
-10.0% $302,000 $810,000 80
2012
$415,000
-0.7% $251,000 $532,000 70
2013
$425,000
+2.4% $230,000 $1,080,000 110
2014
$482,000
+11.8% $310,000 $1,260,000 101
2015
$575,000
+16.2% $300,000 $1,200,000 94
2016
$652,800
+11.9% $337,000 $1,200,000 76
2017
$743,000
+12.1% $315,000 $1,051,000 77
2018
$720,000
-3.2% $500,000 $915,000 54
2019
$697,500
-3.2% $470,000 $950,000 56
2020
$725,111
+3.8% $590,000 $1,090,000 41
2021
$816,000
+11.1% $570,000 $1,770,000 67
2022
$835,000
+2.3% $620,000 $1,300,000 68
2023
$800,000
-4.4% $385,000 $1,500,000 57
2024
$890,000
+10.1% $805,000 $1,260,000 13
Median Sale Price
$825K
Based on 62 recorded sales within the last 12 months
Updated on 28 Mar 2024
Suburb Growth
0.0%
Current Median Price: $825,000
Previous Median Price: $825,000
Based on 121 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$330
0.0% $230 $450 98
2012
$320
-3.1% $240 $1,564 80
2013
$330
+3.0% $180 $500 115
2014
$335
+1.5% $280 $420 67
2015
$350
+4.3% $240 $550 114
2016
$370
+5.4% $120 $550 123
2017
$385
+3.9% $260 $1,955 131
2018
$390
+1.3% $280 $1,520 92
2019
$395
+1.3% $300 $3,120 72
2020
$400
+1.3% $280 $615 74
2021
$400
0.0% $320 $540 63
2022
$440
+9.1% $340 $720 60
2023
$500
+12.0% $380 $750 41
2024
$630
+20.6% $520 $750 7
Median Rent Price
$550
per week
Based on 37 recorded rent within the last 12 months
Updated on 28 Mar 2024
Rent Price Growth
+18.2%
Current Median Rent: $550
Previous Median Rent: $450
Based on 89 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $825,000
Current Median rent: $550
Based on 99 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Springvale South

Houses sold in Last 12 months ends 23 Mar 2024

$792K

Median Sale Price

72%

Clearance Rate

10/14

Sold/Reported

$1.26M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$800 K - $1 M 2
$600 K - $800 K
(Median Price Range)
4

Schools closest to Springvale South, VIC 3172

School name Address Type Sector Distance
Keysborough Secondary College 8-20 JANINE ROADSPRINGVALE SOUTH 3172 Secondary Government 0.99 km
Spring Parks Primary School Valley Campus Springvale South 3172 Primary Government 1.15 km
Keysborough Primary School 33 COOMOORA ROADSpringvale South 3172 Primary Government 1.3 km
Killester College 433 SPRINGVALE RDSpringvale 3171 Secondary Catholic 1.38 km
Heatherhill Primary School 959 HEATHERTON ROADSpringvale 3171 Primary Government 1.33 km
St Joseph's Parish Primary School 33 ST JOHN'S AVESpringvale 3171 Primary Catholic 2 km
Springvale Rise Primary School (interim name) Springvale Road Campus Springvale 3171 Primary Government 2.14 km
Dingley Primary School 111-115 CENTRE DANDENONG ROADDingley Village 3172 Primary Government 1.88 km
Resurrection School 402 CORRIGAN RDKeysborough 3173 Primary Catholic 2.39 km
Haileybury College Keysborough 3173 Combined Independent 2.55 km