City of Greater Dandenong
Springvale South Property Market
& Suburb Profile
MEDIAN PRICES IN SPRINGVALE SOUTH
Median house price
(all agencies, last 12 months)$828k*House price change
(all agencies, last 12 months)+0.91%Median unit price
(all agencies, last 12 months)$612k*Unit price change
(all agencies, last 12 months)-0.08%(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)
SPRINGVALE SOUTH price TRACKER
Springvale South sales overview
- Sold by Auction 80%
- Sold by Private Sale or Other Method 20%
- (Based on Sales Reported in the Last 12 Months)
Average days on market (houses)
(all agencies, 12 months)32Average days on market (units)
(all agencies, 12 months)27Auction clearance rate in Springvale South
(all agencies, last 12 months)80%Average held period in Springvale South
(proptrack)14 yearsSpringvale South Investor Statistics
Median rental price for Houses
(all agencies, last 12 months)$646pwHouse rental price change
(all agencies, last 12 months)0.04%Median rental price for Units
(all agencies, last 12 months)$555pwUnit rental price change
(all agencies, last 12 months)0.04%Average rental yield for Houses
(all agencies, last 12 months)3.49%Average rental yield for Units
(all agencies, last 12 months)4.38%Springvale South total population size
(as at the last census)12,766Median household size in Springvale South
(as at the last census)3.2(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)
Springvale South property types
- Houses 46%
- Units 20%
- Other 34%
OCCUPANCY in Springvale South
- Owned 70%
- Rented 27%
- Other/Not Stated 3%
- Singles 17%
- Families 79%
- Other 4%
Education
Sales Comparison
Find out how Springvale South median sales prices compare to neighbouring suburbs.
Springvale South MARKET INSIGHTS
| Year | Sold | Median Sale Price (All Residential) | Sales Growth YoY |
|---|---|---|---|
| 2025 | 135 | $719,500 | +0.91% |
| 2024 | 129 | $721,000 | +2.94% |
| 2023 | 145 | $681,000 | -0.06% |
| 2022 | 147 | $709,500 | +1.59% |
| 2021 | 140 | $684,500 | +9.03% |
| Year | Leased | Median Rental Price (All Residential) | Rental Yield |
|---|---|---|---|
| 2025 | 115 | $601pw | 3.94% |
| 2024 | 105 | $575pw | 4.12% |
| 2023 | 95 | $552pw | 3.97% |
| 2022 | 161 | $460pw | 3.42% |
| 2021 | 175 | $418pw | 2.99% |
PROUDLY SERVICING Springvale South
Barry Plant
Noble Park
- Our other local offices include:
- Dandenong
- Keysborough
Barry Plant
Keysborough
- Our other local offices include:
- Noble Park
- Dandenong
Barry Plant
Dandenong
- Our other local offices include:
- Keysborough
- Noble Park
*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).
The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.