Back

Springvale
VIC, 3171 - Greater Dandenong

Thinking about buying in Springvale? Now could not be a better time, with 12840 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $921,000 with prices in this suburb ranging from $97,000 to $7,015,000. Springvale is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $357.03
Median Monthly Mortgage $1586.17
Median Persons Per Bedroom 1.03
Average Household Size 3.03
Average Age 35.28
Average Income $552.03
Average Cars Per Dwelling 1.68
Average Properties Within 50M 46

Housing Stock

Average Property Prices

1 Bed  $725,000
2 Bed  $785,000
3 Bed  $1,144,000
4 Bed  $1,289,000
5 Bed  $1,562,000
6 Bed+$1,491,000

Springvale Real Estate Market Outlook

In Springvale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Springvale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Springvale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Springvale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Springvale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

Heatherhill Primary School

Springvale Park Special Developmental School

Springvale Rise Primary School

Spring Parks Primary School

St Joseph's School

Killester College

Minaret College

Wellington Secondary College

St John Vianney's School

Carwatha College P-12

(While the above schools are located with the suburb of Springvale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Springvale weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.419.333.531.883.64.925.6
Feb2.218.432.234.083.85.122.8
Mar2.517.030.337.487.54.720.0
Apr0.512.327.034.487.54.017.8
May1.17.922.738.089.13.714.6
Jun1.05.520.341.088.93.612.4
Jul0.74.120.336.287.43.613.9
Aug0.44.322.826.281.23.816.8
Sept0.57.927.022.982.94.222.1
Oct1.612.428.627.785.64.624.4
Nov1.114.932.419.579.35.026.9
Dec1.618.333.625.679.6525.2

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

MulgraveClayton SouthSpringvale SouthNoble Park NorthNoble ParkClaytonDingley VillageClarindaNotting HillWheelers Hill

Public Transport


Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!