Auction Times
Sat 15 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 3/14 Joyce Street 3 1 1 Unit | 10:00 AM Sat 15th Mar | Win Real Estate AUS Pty Ltd |
 | 4/4 View Road 2 1 1 Townhouse | 11:00 AM Sat 15th Mar | Barry Plant |
 | 1A McWilliam Street 3 2 2 Townhouse | 12:00 PM Sat 15th Mar | McDonald Real Estate |
 | 43 Phillip Avenue 4 1 1 House | 1:00 PM Sat 15th Mar | Boutique Estate Agency Pty Ltd |
 | 3/55 Glendale Road 4 3 2 Townhouse | 2:00 PM Sat 15th Mar | Coco Ma Real Estate |
Thu 20 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 6 Eden Avenue 4 1 3 House | 6:00 PM Thu 20th Mar | Ray White |
Sat 22 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 791 Heatherton Road 3 1 2 House | 11:00 AM Sat 22nd Mar | McDonald Real Estate |
 | 2/4 Princess Avenue 4 2 2 Townhouse | 11:00 AM Sat 22nd Mar | Century 21 Theresa Huynh |
Median Sale Price
House
-
Updated on Jan 2025
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2025
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 | $865,000 | -0.6% | $241,000 | $2,000,000 | 134 |
| 2025 | $870,000 | +0.6% | $593,000 | $1,815,000 | 15 |
Median Sale Price
$870K
Based on 127 recorded sales within the last 12 months
Updated on 14 Mar 2025
Suburb Growth
-0.6%
Current Median Price: $870,000
Previous Median Price: $875,000
Based on 245 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2025)
Price Range Segments (12 months ending Feb 2025)
Median Weekly Rent Price
House
-
Updated on Jan 2025
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2025
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 | $346 | +4.6% | $125 | $967 | 211 |
| 2015 | $350 | +1.1% | $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 | 148 |
| 2024 | $560 | +10.7% | $300 | $1,400 | 148 |
| 2025 | $600 | +6.7% | $470 | $880 | 18 |
Median Rent Price
$560
per week
Based on 140 recorded rent within the last 12 months
Updated on 14 Mar 2025
Rent Price Growth
+7.1%
Current Median Rent: $560
Previous Median Rent: $520
Based on 286 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $870,000
Current Median rent: $560
Based on 267 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2025)
Auction Results For Springvale
Houses sold in Last 12 months ends 8 Mar 2025
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 3 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 5 | |
| $800 K - $1 M (Median Price Range) | 10 | |
| $600 K - $800 K | 2 | |
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 |