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 3.7% and has experienced a 12-month capital growth of Up 6.0%, 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
$762,500
$839,000
$940,084
$860,000
Suburb Market Profile
Last month Springvale South had 22 properties available for rent and 27 properties for sale. Median property prices over the last year range from $860,000 for houses to $625,000 for units. If you are looking for an investment property, consider houses in Springvale South rent out for $635 PW with an annual rental yield of 3.7% and units rent for $520 PW with a rental yield of 4.5%. Springvale South has seen an annual compound growth rate of 6.0% for houses and 0.3% for units.