Springvale, VIC 3171
City of Greater DandenongAll suburbs in postcode 3171
Updated
Median house price
$931,500
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Springvale?
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Springvale at a glance
- Median unit
- $627,500
- Weekly rent
- $570
- Houses · units $520
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025
House prices in Springvale
Houses change hands at $931,500 on a typical sale, in line with the Victoria median. Units come in around $627,500, roughly 33% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $186,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Rental data as of September 2025· Victorian rental report
Free appraisal in Springvale
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What to know about Springvale
Springvale (3171) sits in the Greater Dandenong region of Victoria. The median house here is $931,500, in line with the Victoria median of around $850K.
Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Springvale scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 733 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 8 government primary, 3 government secondary, 4 Catholic, 3 independent.
Schools in Springvale
Schools serving Springvale: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 100/100
- Transit
- 80/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Gross rental yield on houses sits at 3.18% (median rent $570/wk against a $931,500 price tag). Units yield 4.31% gross, often the better cash-flow play for first-time investors.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 3.18%
- On the $931,500 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.31%
- On the $627,500 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
2,425 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 733 mm
- Hottest month, avg max
- 26.3°C
- Coldest month, avg min
- 6.4°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Springvale
- What is the median house price in Springvale?
- The median house price in Springvale, VIC 3171 is $931,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $627,500.
- How much is my house worth in Springvale?
- A useful starting point is the Springvale median house price of $931,500 (units $627,500). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Springvale a good investment?
- On the published figures, the gross rental yield on houses in Springvale is 3.2%: the median weekly house rent is $570 (Victorian rental report, September 2025) against the median house price of $931,500 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Springvale: the Land Victoria figures we hold do not measure one. Whether Springvale is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Springvale postcode?
- Springvale is in the 3171 postcode, in VIC, in the City of Greater Dandenong region.
- Where is Springvale?
- Springvale is a suburb in the City of Greater Dandenong area, VIC 3171.
- What is the average rent in Springvale?
- The median weekly rent for houses is $570, for units it's $520.
- What schools are in Springvale?
- There are 20 schools serving Springvale on this page, including Springvale Park Special Developmental School, St Joseph's School, Springvale Rise Primary School.
- How walkable is Springvale?
- Springvale has a Walk Score of 100 out of 100, very walkable. transit score 80, bike score 100.
- What suburbs are near Springvale?
- Springvale is close to Sandown Village, Clayton South, Noble Park East, Noble Park, Springvale South.
Selling in Springvale? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.