Hodges Real Estate

Suburb Overview

Springvale – 3171

  • 22,174Population
  • 36Median Age

Suburb Performance Potential - 02/23 Quarter

    Springvale – 3171
    • $870,000Median House Price
      (Updated Feb 2023)
    • -2.79%Quarterly Price Change
    • $652,500Median Unit Price
      (Updated Feb 2023)
    • 13.48%Quarterly Price Change

    Springvale is located 23 km south-east of the CBD. Springvale is a multiculturally diverse suburb in Melbourne's south-east with the highest concentration of Vietnamese in Melbourne and a strong Cambodian presence. Springvale's land uses are varied with significant commercial areas along Springvale Rd around the railway station while industrial areas occupy the north west region. The suburb also features the Springvale Shopping Centre Springvale Crematorium and Necropolis and The Sandown Racecourse and Entertainment Centre.

    Sales Snapshot for Springvale – 3171

    • 68.66%Auction Clearance Rate
      Summary Date: 12 Nov 24
    • 49.26%Auctioned Sale Method
      (Last 12 months)
      Summary Date: 12 Nov 24
    • 29 daysMedian days on market
      (Last 12 months)
      From November 24
    • 136Total Sales
      From November 24

    Median SalesFrom properties in proximity to Springvale – 3171

    • Springvale$885,000
    • Noble Park$738,000
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    Listings for Springvale – 3171

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