Springvale, VIC 3171

Springvale, VIC 3171

Compare Part of Greater Dandenong

22.57 km
Distance from CBD
19 k
Population

Auction Times

Sat 9 Jul
Auction Time Agency
33 Lewis Street
3 2 1 House
11:00 AM
Sat 9th Jul
Century 21 Theresa Huynh
19 Regent Avenue
3 1 2 House
11:00 AM
Sat 9th Jul
Area Specialist Keysborough
Median Sale Price
House
$848K
Updated on May 2022
2 BR
$781K
3 BR
$820K
4 BR
$885K
Unit
$591K
Updated on May 2022
1 BR
$288K
2 BR
$550K
3 BR
$729K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$400,000
0.0% $215,000 $930,000 177
2010
$490,000
+18.4% $160,000 $2,010,000 158
2011
$470,000
-4.3% $199,500 $2,010,000 133
2012
$450,000
-4.4% $180,000 $1,210,000 137
2013
$452,000
+0.4% $228,000 $1,180,000 228
2014
$538,000
+16.0% $273,000 $2,147,483,647 207
2015
$631,000
+14.7% $172,000 $2,000,000 145
2016
$690,000
+8.6% $305,250 $1,705,000 151
2017
$800,000
+13.8% $490,000 $3,100,000 134
2018
$780,000
-2.6% $470,000 $2,120,000 89
2019
$762,000
-2.4% $390,000 $1,580,000 86
2020
$785,000
+2.9% $525,000 $1,931,000 71
2021
$870,000
+9.8% $483,000 $1,850,000 140
2022
$886,500
+1.9% $620,000 $1,800,000 66
Median Sale Price
$880K
Based on 134 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+4.0%
Current Median Price: $880,000
Previous Median Price: $845,000
Based on 246 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$400
Updated on May 2022
2 BR
$345
3 BR
$400
4 BR
$475
Unit
$380
Updated on May 2022
1 BR
$255
2 BR
$380
3 BR
$480
4 BR
$565
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$320
0.0% $120 $2,500 243
2012
$330
+3.0% $120 $1,500 318
2013
$330
0.0% $105 $1,040 285
2014
$345
+4.3% $125 $967 211
2015
$350
+1.4% $145 $1,600 278
2016
$370
+5.4% $150 $2,600 333
2017
$380
+2.6% $150 $1,600 305
2018
$380
0.0% $170 $1,733 267
2019
$390
+2.6% $184 $570 213
2020
$400
+2.5% $190 $1,477 212
2021
$400
0.0% $165 $1,651 247
2022
$410
+2.4% $220 $600 111
Median Rent Price
$400
per week
Based on 232 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+1.3%
Current Median Rent: $400
Previous Median Rent: $395
Based on 457 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $880,000
Current Median rent: $400
Based on 366 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Springvale

Houses sold in Last 12 months ends 25 Jun 2022

$925K

Median Sale Price

89%

Clearance Rate

86/97

Sold/Reported

$1.8M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M 1
$1.4 M - $1.6 M 3
$1.2 M - $1.4 M 6
$1 M - $1.2 M 18
$800 K - $1 M
(Median Price Range)
35
$600 K - $800 K 19

Schools closest to Springvale, VIC 3171

School name Address Type Sector Distance
Springvale Rise Primary School (interim name) Springvale Road Campus Springvale 3171 Primary Government 0.13 km
St Joseph's Parish Primary School 33 ST JOHN'S AVESpringvale 3171 Primary Catholic 0.33 km
Killester College 433 SPRINGVALE RDSpringvale 3171 Secondary Catholic 0.91 km
Minaret College 36 LEWIS STREETSpringvale 3171 Combined Independent 1.39 km
Heatherhill Primary School 959 HEATHERTON ROADSpringvale 3171 Primary Government 1.4 km
Westall Secondary College Westall English Language Centre Clayton South 3169 Secondary Government 1.7 km
Westall Primary School FAIRBANK ROADClayton South 3169 Primary Government 1.72 km
Spring Parks Primary School Valley Campus Springvale South 3172 Primary Government 1.86 km
Keysborough Secondary College 8-20 JANINE ROADSPRINGVALE SOUTH 3172 Secondary Government 2.03 km
Westall Secondary College 88-128 ROSEBANK AVENUEClayton South 3169 Secondary Government 1.79 km