Property value increases in Springvale have tracked just lower than the VIC average of 4.75% over the last 12 months.
If we look at median property appreciation over just the last three months, Springvale has given property investors a paper return of -1.76%. This puts Suburb as 495 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Springvale are currently offering property investors an average price cut of -7.15% below the asking price at the moment.
Property investors who have had real estate in Springvale, 3171 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 0.73%
Springvale,3171 has offered an average of 0.73% return per annum in house price rises to property investors over the last three years.
Springvale3171 is located in VIC which offers an average discount of -5.45% to property investors. Springvale itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.
Springvale is 294th on a list of best yielding suburbs for rents in VIC with a 3.40% return