Auction Times
Sat 6 Apr | Auction Time | Agency | |
---|---|---|---|
1/7 Whiteside Street 3 2 1 Unit | 10:00 AM Sat 6th Apr | McDonald Real Estate | |
2/47 Springvale Road 3 2 1 Townhouse | 11:00 AM Sat 6th Apr | McDonald Real Estate | |
18 Merton Street 4 4 4 House | 11:30 AM Sat 6th Apr | Harcourts | |
46 Heather Grove 3 1 1 House | 12:30 PM Sat 6th Apr | McDonald Real Estate |
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 | $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 | 146 |
2023 | $870,000 | -1.7% | $555,000 | $2,350,000 | 113 |
2024 | $855,000 | -1.8% | $580,000 | $1,716,000 | 28 |
Median Sale Price
$870K
Based on 113 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-1.7%
Current Median Price: $870,000
Previous Median Price: $885,000
Based on 252 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 | $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 | $660 | 213 |
2020 | $400 | +2.5% | $190 | $1,477 | 212 |
2021 | $400 | 0.0% | $175 | $1,651 | 249 |
2022 | $430 | +7.0% | $220 | $1,825 | 234 |
2023 | $500 | +14.0% | $50 | $1,100 | 147 |
2024 | $550 | +9.1% | $430 | $800 | 22 |
Median Rent Price
$510
per week
Based on 130 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+11.8%
Current Median Rent: $510
Previous Median Rent: $450
Based on 329 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $870,000
Current Median rent: $510
Based on 243 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
Houses sold in Last 12 months ends 23 Mar 2024
$868K
Median Sale Price
67%
Clearance Rate
24/36
Sold/Reported
$1.64M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$1.6 M - $1.8 M | 1 | |
$1.2 M - $1.4 M | 2 | |
$1 M - $1.2 M | 2 | |
$800 K - $1 M (Median Price Range) | 14 | |
$600 K - $800 K | 3 | |
Similar Suburbs to Springvale 3171
Based on median house sale price sold in last 12 months
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 |