Springvale, VIC 3171

Springvale, VIC 3171

Compare Part of Greater Dandenong

22.57 km
Distance from CBD
19 k
Population

Auction Times

Sat 29 Feb
Auction Time Agency
6/717 Princes Highway
2 1 1 Apartment
11:00 AM
Sat 29th Feb
O'Brien Real Estate Keysborough
51 St James Avenue
3 2 3 House
11:00 AM
Sat 29th Feb
Raine & Horne
54 Grace Street
3 1 2 House
12:00 PM
Sat 29th Feb
Win Real Estate AUS Pty Ltd
114 Ellen Street
4 1 2 House
12:30 PM
Sat 29th Feb
Area Specialist Keysborough
33 Parsons Avenue
4 1 4 House
1:00 PM
Sat 29th Feb
McDonald Real Estate
73 Princess Avenue
4 1 4 House
4:00 PM
Sat 29th Feb
Win Real Estate AUS Pty Ltd
Sat 7 Mar
Auction Time Agency
390 springvale Road
3 1 2 House
12:00 PM
Sat 7th Mar
Century 21 Theresa Huynh
Median Sale Price
House
$735K
Updated on Jan 2020
2 BR
$669K
3 BR
$714K
4 BR
$807K
Unit
$503K
Updated on Jan 2020
1 BR
$266K
2 BR
$455K
3 BR
$580K
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
$536,000
+15.7% $273,000 $2,147,483,647 207
2015
$631,000
+15.1% $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 $1,568,000 84
2020
$761,000
-0.1% $600,000 $850,000 6
Median Sale Price
$761K
Based on 86 recorded sales within the last 12 months
Updated on 24 Feb 2020
Suburb Growth
-4.1%
Current Median Price: $761,000
Previous Median Price: $792,000
Based on 167 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$380
Updated on Jan 2020
2 BR
$330
3 BR
$380
4 BR
$450
Unit
$370
Updated on Jan 2020
1 BR
$250
2 BR
$350
3 BR
$455
4 BR
$560
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 $570 211
2020
$400
+2.5% $350 $600 18
Median Rent Price
$390
per week
Based on 183 recorded rent within the last 12 months
Updated on 24 Feb 2020
Rent Price Growth
+2.6%
Current Median Rent: $390
Previous Median Rent: $380
Based on 449 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $761,000
Current Median rent: $390
Based on 269 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Springvale

Houses sold in Last 12 months ends 22 Feb 2020

$760K

Median Sale Price

74%

Clearance Rate

46/63

Sold/Reported

$1.58M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 1
$1 M - $1.2 M 1
$800 K - $1 M 12
$600 K - $800 K
(Median Price Range)
24

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