Springvale, VIC 3171

Springvale, VIC 3171

Compare Part of Greater Dandenong

22.57 km
Distance from CBD
19 k
Population

Auction Times

Sat 26 Oct
Auction Time Agency
21 Wattle Street
4 1 1 House
12:00 PM
Sat 26th Oct
Barry Plant
Sun 27 Oct
Auction Time Agency
8 Neville Court
3 1 1 House
4:00 PM
Sun 27th Oct
Win Real Estate AUS Pty Ltd
Median Sale Price
House
$715K
Updated on Aug 2019
2 BR
$669K
3 BR
$712K
4 BR
$741K
Unit
$524K
Updated on Aug 2019
1 BR
$295K
2 BR
$475K
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
$720,000
-8.3% $390,000 $1,580,000 62
Median Sale Price
$730K
Based on 74 recorded sales within the last 12 months
Updated on 23 Oct 2019
Suburb Growth
-8.9%
Current Median Price: $730,000
Previous Median Price: $795,000
Based on 169 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2019)
Price Range Segments (12 months ending Sep 2019)
Median Weekly Rent Price
House
$380
Updated on Sep 2019
2 BR
$320
3 BR
$380
4 BR
$450
Unit
$370
Updated on Sep 2019
1 BR
$250
2 BR
$350
3 BR
$460
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
$340
+2.9% $125 $967 210
2015
$350
+2.9% $145 $1,600 278
2016
$370
+5.4% $150 $2,600 333
2017
$380
+2.6% $150 $1,600 304
2018
$380
0.0% $170 $1,733 267
2019
$380
0.0% $184 $570 155
Median Rent Price
$380
per week
Based on 192 recorded rent within the last 12 months
Updated on 23 Oct 2019
Rent Price Growth
0.0%
Current Median Rent: $380
Previous Median Rent: $380
Based on 471 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $730,000
Current Median rent: $380
Based on 266 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2019)

Auction Results For Springvale

Houses sold in Last 12 months ends 19 Oct 2019

$711K

Median Sale Price

58%

Clearance Rate

40/70

Sold/Reported

$1.58M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$1 M - $1.2 M 1
$800 K - $1 M 6
$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