Springvale South VIC 3172
Springvale South is in Greater Dandenong LGA, VIC, postcode 3172, with population 12,766.
Strong evidence
Springvale South has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 57% of annual income. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →498 latest-year approvals in Greater Dandenong, +0.0% YoY; population +1.2% YoY (0.4% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 57% of annual income. Snapshot rent $530/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Springvale South has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Springvale South currently reads as a livability-led candidate.
School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal. No major decision caution is visible from the current evidence layer.
Compare it against a contrasting suburb before turning it into a decision.
School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal.
No major caution is visible beyond the normal source checks.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
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- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Springvale South VIC
Springvale South is a well-established suburb in Victoria within the Greater Dandenong local government area (postcode 3172). With a population of 12,766, the suburb has an established demographic with a median age of 38. Households earn a median income of $78K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, machinery operators & drivers, technicians & trades. Employment in the area leans toward manufacturing and retail trade. The top ancestries reported are Vietnamese, Chinese, English.
The median house price in Springvale South is $800,000, having dipped slightly 2.4% over the past year. Units have a median price of $639,000 (+1.3% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,600.
Springvale South is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 967, which is around the national average of 1,000. Public transport access includes 49 bus stops. The crime rate in the Greater Dandenong LGA is higher than average at 13,139 incidents per 100,000 population.
From an investment perspective, Springvale South offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($800K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -2.4% year-on-year. Population growth of +1.2% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Springvale South is a well-established suburb in Victoria within the Greater Dandenong local government area (postcode 3172). With a population of 12,766, the suburb has an established demographic with a median age of 38. Households earn a median income of $78K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, machinery operators & drivers, technicians & trades. Employment in the area leans toward manufacturing and retail trade. The top ancestries reported are Vietnamese, Chinese, English.
The median house price in Springvale South is $800,000, having dipped slightly 2.4% over the past year. Units have a median price of $639,000 (+1.3% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,600.
Springvale South is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 967, which is around the national average of 1,000. Public transport access includes 49 bus stops. The crime rate in the Greater Dandenong LGA is higher than average at 13,139 incidents per 100,000 population.
From an investment perspective, Springvale South offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($800K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -2.4% year-on-year. Population growth of +1.2% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Springvale South FAQ
Common questions-
What LGA is Springvale South in?
Springvale South is in the Greater Dandenong Local Government Area, VIC, postcode 3172. Council-level context for Greater Dandenong LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Springvale South?
The current median house price in Springvale South, VIC is $800K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Springvale South?
The median weekly rent in Springvale South is $530/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Springvale South?
Income-stretched rent market: Weekly rent screens at about 57% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Springvale South a good investment?
QuickProperty's investment signals for Springvale South show: Moderate Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Springvale South?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Springvale South data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.