Springvale, 3171 ranked 331th in VIC when comparing growth in median property values or capital gain over the last 12 months. Springvale is one of 2098 in our list for VIC
Springvale,3171 has offered an average of 9.09% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Springvale is giving property investors an average Vendor Discount of around -9.93%. This puts suburb at number 51th in VIC when ranking the most discounted suburbs.
The VIC suburb of Springvale, 3171 is in the Greater Dandenong local government area.
Springvale is in the bottom 40% in VIC when comparing median price capital growth over the last year. Springvale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.18%.
The five-year average increase in median property values for Springvale,3171 has given property investors a potential capital gain of 26.47% across each of those five years.
The most recent median price for Springvale is $430000, with sellers offering an average of -4.60% off the asking price.
Advertised rents are around the $342.5 mark per week – giving a return of 4.14% based on the median price in Suburb