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 -7.79%.
Springvale,3171 has offered an average of -7.79% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Springvale 3171 should be seeing an average reduction in asking price of around -7.60% . This means that Springvale is holding prices well when compared to other suburbs in VIC.
At number 2078 in a list of fastest selling suburbs, Springvale is just in the bottom half of suburbs in Australia with an average of days on market 82.4925 for properties listed there.
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 decrease in value by -0.18%
Taking the average capital gain, or increase in median house value, Springvale,3171 has racked up an average of -0.18% over the period. This ranks it number 125th in the whole country for real estate investors looking at median house price increases.
Springvale3171 is located in VIC which offers an average discount of -6.31% to property investors. Springvale itself is showing figures that indicate -12.95% is the average achievable by property buyers investing in the suburb.