SPRINGVALE 3171
State: VICPosiProp AI Investment Summary
SPRINGVALE (VIC 3171) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 6.9%, with a median house buy price of $930,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$822,750
$910,000
$962,988
$930,000
Suburb Market Profile
Last month Springvale had 87 properties available for rent and 105 properties for sale. Median property prices over the last year range from $930,000 for houses to $610,000 for units. If you are looking for an investment property, consider houses in Springvale rent out for $640 PW with an annual rental yield of 3.8% and units rent for $550 PW with a rental yield of 4.9%. Springvale has seen an annual compound growth rate of 6.9% for houses and -0.8% for units.
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