Market snapshot
Suburb insights for Springvale South3172
Change suburbSpringvale South, approximately 24 km southeast of Melbourne's CBD and situated on the border of Springvale and Keysborough, is a quieter residential suburb characterised by leafy streets, family homes, and parks. It has a strong multicultural presence and is well served by schools, temples, and local reserves. Offering good value and a peaceful lifestyle, Springvale South is a popular choice for families and long-term residents.
Recent sales and auction results in Springvale South
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 21 Richard St, Springvale South | 3 |  | House | Auction Sale | 24/10/2025 | Century 21 Theresa Huynh | View |
| 9 Londrew Av, Springvale South | 3 |  | House | Passed in at Auction | 24/10/2025 | OBrien Real Estate | View |
Sales data
Median sale price
$950k
Quarterly price change
11.8%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Springvale South | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $830,000 | $830,000 |
| 4 | $947,000 | $951,500 |
| Insight | Springvale South | Metro comparison |
|---|---|---|
| Clearance rate | 87.5% | 81.4% |
| Days on market | 37.5 | 36 |
Rental data
Median weekly rent
$595
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Springvale South | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $575 | $550 |
| 4 | - | $600 |
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