Springvale South, VIC 3172

Property data updated 12,766 residents
Last 12 months snapshot
130 sales · 118 leases · Refreshed July 2026

Springvale South property market

No single market dominates in Springvale South — unit rentals are only just in front, with 79 sales (down 16.8%) at around $870k (up 5.8%) as of July 2026, taking about 26 days to sell, with 3-bedroom homes making up around 65%.

House rentals are close behind, with 62 leases at $655 a week (up), renting out in about 23 days (up from 21 days last year), with rents growing faster than most house rental markets in Victoria, with 3-bedroom the most common at around two-thirds. Then come 56 unit rentals at $545 a week (up), with rents growing faster than most unit rental markets in Victoria. 51 unit sales at around $661k (up).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Springvale South demographics & population

Population
12,766
Median age
38yrs
Avg household
3.2people
Male · Female
50% · 50%
Owner-occupied
Renting
Lone person
Couples, no kids
Born overseas
Year 12+

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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Property market