Springvale vs Tolland

Tolland (median $570,000) is roughly 54% cheaper to buy into than Springvale ($1,250,000). Over the past year, Tolland (+16.3%) ran 17.1 percentage points ahead of Springvale (-0.8%) on house-price growth.

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Springvale and Tolland side by side

MeasureSpringvaleTolland
Price and market
Median house$1,250,000$570,000
Median unit$240,480$240,480
House price change, 12 months-0.8%+16.3%
Renting
House rent$550/wk$550/wk
Unit rent$420/wk$420/wk
Owner occupied98.0%54.0%
Renter occupied1.0%43.0%
Schools
Schools nearby2020
Average ICSEA954947
Lifestyle and people
Walk score00
Transit score00
Bike score55100
Population1,8513,459
Median age4134
Climate
Annual rainfall549 mm549 mm
Mean max, January32.8°C32.8°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Springvale (954) sits above Tolland (947). Springvale skews owner-occupied (98%), Tolland runs more rental-dense (54% owner).

For buyers
Tolland is the lower entry point at $570,000 median, 54% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Tolland carries both higher gross yield (5.02% vs 2.29%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Springvale edges out on average school ICSEA (954 vs 947). Springvale also has a higher family-household share (94% vs 67%), so the catchment community skews family-heavy.

Springvale vs Tolland: common questions

Is Springvale or Tolland cheaper to buy in?

Tolland has the lower median house price at $570,000, roughly 54% below Springvale ($1,250,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Springvale or Tolland?

Over the past 12 months, Tolland grew +16.3% vs -0.8% in Springvale, a gap of 17.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Springvale or Tolland have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Springvale scores 954 vs 947 in Tolland. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Springvale or Tolland?

Gross rental yield on houses is 5.02% in Tolland vs 2.29% in Springvale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.