SPRINGVALE SOUTH 3172
State: VICPosiProp AI Investment Summary
SPRINGVALE SOUTH (VIC 3172) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 4.2%, with a median house buy price of $860,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$792,535
$850,000
$905,000
$860,000
Suburb Market Profile
Last month Springvale South had 24 properties available for rent and 35 properties for sale. Median property prices over the last year range from $860,000 for houses to $665,000 for units. If you are looking for an investment property, consider houses in Springvale South rent out for $650 PW with an annual rental yield of 3.9% and units rent for $550 PW with a rental yield of 4.7%. Springvale South has seen an annual compound growth rate of 4.2% for houses and 7.4% for units.
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