Springvale Suburb ProfileVictoria 3171
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Springvale has 11,102 properties. Over the last 5 years, Houses in Springvale have seen a 28.64% increase in median value, while Units have seen a 22.64% increase. As at 31 May 2024:
- The median value for Houses in Springvale is $895,386 while the median value for Units is $562,210.
- Houses have a median rent of $535 while Units have a median rent of $470.
The size of Springvale is approximately 11 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2011 was 19,770 people. By 2016 the population was 21,697 showing a population growth of 9.7% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation. In 2011, 57.4% of the homes in Springvale were owner-occupied compared with 56.2% in 2016.
Market Insights
Springvale Trends for Houses
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Springvale Trends for Units
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Neighbourhood Insights
Age
Population 21,697
0-9
11%
10-19
11%
20-29
20%
30-39
16%
40-49
12%
50-59
11%
60-69
9%
70-79
6%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in SPRINGVALE 3171
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Properties for sale in SPRINGVALE 3171
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Properties for rent in SPRINGVALE 3171
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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