With a capital gain of 12.03% for the last 12 months, Springvale South, 3172 has performed for property investments than its average annual 8.38% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Springvale South comes in at number 185th in VIC.
Property investors looking for a bargain in Springvale South should be aiming for at least -3.45% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Springvale South have been waiting around 53.3 days to sell a property.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 2.72%, without taking into account capital value appreciation, which has been averaging out at 8.38%.
At number 134th in the list of Australian suburbs ordered by increase in median house value over the last year, Springvale South, 3172 is in the top 10% with a property value increase of 20.72% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Springvale South comes in at number 45th in VIC.
Springvale South3172 is located in VIC which offers an average discount of -4.60% to property investors. Springvale South itself is showing figures that indicate -4.91% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Springvale South have been waiting around 33.29 days to sell a property.