Springvale, VIC 3171

Springvale, VIC 3171

Compare Part of Greater Dandenong

22.57 km
Distance from CBD
19 k
Population

Auction Times

Sat 3 Dec
Auction Time Agency
1/1 Lee Avenue
3 2 1 Townhouse
12:00 PM
Sat 3rd Dec
Barry Plant
31A Albert Avenue
4 2 2 House
1:00 PM
Sat 3rd Dec
Harcourts
Sat 10 Dec
Auction Time Agency
23 Union Grove
3 1 4 House
10:00 AM
Sat 10th Dec
Ray White
17 Hillside Street
4 1 4 House
1:00 PM
Sat 10th Dec
Win Real Estate AUS Pty Ltd
45 Hanleth Avenue
3 1 2 House
1:00 PM
Sat 10th Dec
McDonald Real Estate
26 Thames Avenue
3 3 2 Townhouse
1:00 PM
Sat 10th Dec
Leyton Real Estate
2/72 Gove Street
3 2 2 Townhouse
1:00 PM
Sat 10th Dec
Century 21 Theresa Huynh
17 Birmingham Street
4 2 4 House
2:00 PM
Sat 10th Dec
McDonald Real Estate
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
1 BR
-
2 BR
-
3 BR
-
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
$885,000
+1.7% $457,000 $2,310,000 138
Median Sale Price
$880K
Based on 151 recorded sales within the last 12 months
Updated on 29 Nov 2022
Suburb Growth
+0.6%
Current Median Price: $880,000
Previous Median Price: $875,000
Based on 291 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$403
Updated on Sep 2022
2 BR
$360
3 BR
$408
4 BR
$465
Unit
$380
Updated on Sep 2022
1 BR
$263
2 BR
$380
3 BR
$480
4 BR
$580
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 $1,600 306
2018
$380
0.0% $170 $1,733 267
2019
$390
+2.6% $184 $590 213
2020
$400
+2.5% $190 $1,477 212
2021
$400
0.0% $165 $1,651 248
2022
$420
+4.8% $220 $710 204
Median Rent Price
$415
per week
Based on 225 recorded rent within the last 12 months
Updated on 29 Nov 2022
Rent Price Growth
+3.6%
Current Median Rent: $415
Previous Median Rent: $400
Based on 469 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $880,000
Current Median rent: $415
Based on 376 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Auction Results For Springvale

Houses sold in Last 12 months ends 26 Nov 2022

$885K

Median Sale Price

91%

Clearance Rate

91/101

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 2
$1.2 M - $1.4 M 3
$1 M - $1.2 M 17
$800 K - $1 M
(Median Price Range)
43
$600 K - $800 K 17
$400 K - $600 K 1

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