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 3.5% and has experienced a 12-month capital growth of Up 12.2%, with a median house buy price of $935,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$770,000
$923,000
$965,975
$935,000
Suburb Market Profile
Last month Springvale had 60 properties available for rent and 96 properties for sale. Median property prices over the last year range from $935,000 for houses to $617,500 for units. If you are looking for an investment property, consider houses in Springvale rent out for $628 PW with an annual rental yield of 3.5% and units rent for $550 PW with a rental yield of 5.1%. Springvale has seen an annual compound growth rate of 12.2% for houses and -0.7% for units.