Springvale, VIC 3171

Springvale, VIC 3171

Compare Part of Greater Dandenong

22.57 km
Distance from CBD
19 k
Population

Auction Times

Sat 20 Jul
Auction Time Agency
34 Stephenson Street
2 1 1 House
12:00 PM
Sat 20th Jul
McDonald Real Estate
2/8-10 Bessemer Street
2 2 1 Townhouse
2:00 PM
Sat 20th Jul
Ray White
Sat 27 Jul
Auction Time Agency
24 Binda Avenue
4 3 2 Townhouse
2:00 PM
Sat 27th Jul
Area Specialist Keysborough
53 Hillside Street
4 2 1 House
2:30 PM
Sat 27th Jul
Ray White
Median Sale Price
House
$745K
Updated on May 2019
2 BR
$628K
3 BR
$742K
4 BR
$761K
Unit
$539K
Updated on May 2019
1 BR
-
2 BR
$475K
3 BR
$601K
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
$691,000
+8.7% $305,250 $1,705,000 151
2017
$800,000
+13.6% $490,000 $3,100,000 134
2018
$780,000
-2.6% $470,000 $2,120,000 89
2019
$715,000
-9.1% $495,000 $1,220,000 37
Median Sale Price
$738K
Based on 73 recorded sales within the last 12 months
Updated on 17 Jul 2019
Suburb Growth
-7.7%
Current Median Price: $738,000
Previous Median Price: $795,000
Based on 181 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$380
Updated on Jun 2019
2 BR
$320
3 BR
$380
4 BR
$480
Unit
$370
Updated on Jun 2019
1 BR
$248
2 BR
$350
3 BR
$460
4 BR
$550
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 $1,733 266
2019
$380
0.0% $184 $560 101
Median Rent Price
$380
per week
Based on 222 recorded rent within the last 12 months
Updated on 17 Jul 2019
Rent Price Growth
0.0%
Current Median Rent: $380
Previous Median Rent: $380
Based on 504 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $738,000
Current Median rent: $380
Based on 295 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)

Auction Results For Springvale

Houses sold in Last 12 months ends 13 Jul 2019

$735K

Median Sale Price

48%

Clearance Rate

31/65

Sold/Reported

$1.03M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 7
$600 K - $800 K
(Median Price Range)
14
$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