If you compare the increase in value of investment property in Springvale South, 3172 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.71%.
A 47.62% growth in median value for property investors in Springvale South,3172 puts this suburb at number 212th in terms of best performing suburbs in VIC
Springvale South3172 is located in VIC which offers an average discount of -6.04% to property investors. Springvale South itself is showing figures that indicate -4.40% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Property investors who have had real estate in Springvale South, 3172 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.37%
The five-year average increase in median property values for Springvale South,3172 has given property investors a potential capital gain of 26.48% across each of those five years.
The most recent median price for Springvale South is $406000, with sellers offering an average of -11.54% off the asking price.