Springvale South, 3172 ranked 236th in VIC when comparing growth in median property values or capital gain over the last 12 months. Springvale South is one of 2098 in our list for VIC
A 48.93% growth in median value for property investors in Springvale South,3172 puts this suburb at number 297th in terms of best performing suburbs in VIC
At number 361th of VIC’s most discounted properties, Springvale South is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Springvale South the average time real estate has been on the market is 91 days.
Situated 23.97km from the CBD, Springvale South is one of Greater Dandenong localities in the postcode 3172.
With a capital gain of 5.94% for the last 12 months, Springvale South, 3172 has performed for property investments than its average annual 7.69% property growth over the last 5 years.
While Springvale South,3172 ranked number 147th in VIC for increase in median house value (annualised) increase, it is ranked 70th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.12% offered to property buyers. Sellers in Springvale South itself are offering an average vendor discount of -11.54% to real estate investors.
Situated 24.08km from the CBD, Springvale South is one of Greater Dandenong localities in the postcode 3172.