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Springvale South

POSTAL CODE: VIC, 3172
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A steady increase in median property prices over a five-year period in the suburb translates to a 8.53% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $846,500

The augmented property values in the suburb are trailing behind the territorial average of 2.91% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $580.

Home owners selling their properties and realtors in SPRINGVALE SOUTH usually have to wait an average of 38.1 days days before their assets are lifted off the market.

The VIC suburb ranks 294th on the list of best yielding suburbs for rental properties in VIC, posting a 3.56% return.

It also places places 465th in Australia based on median property value growth during the quarter.

Surburb overview

Springvale South is a middle-ring suburb in Melbourne’s south-east, located within the City of Greater Dandenong. The suburb is situated approximately 23 kilometres south-east of the Melbourne central business district and is bordered by Springvale, Keysborough, Noble Park and Heatherton.

Springvale South recorded a population of just over 11,000 residents at the 2021 census, reflecting its established residential role within the municipality. The demographic profile includes a high proportion of family households and culturally diverse residents, with a median age close to the metropolitan average.

Household sizes are generally larger than inner-city norms, and multigenerational living is relatively standard. Housing in Springvale South is predominantly detached dwellings on traditional suburban blocks, alongside some townhouse development and limited low-rise apartment construction. Residential density remains low to moderate, with most infill development occurring along major roads and near neighbourhood centres.

Public transport access is primarily bus-based, with no railway station located within Springvale South itself. Residents typically access train services at nearby stations, including Springvale, Noble Park and Sandown Park, which provide metropolitan rail connections. Bus routes operate along Spring Road, Heatherton Road and surrounding arterials, linking the suburb to shopping centres, schools and employment areas. Road connectivity is a defining feature, with Springvale Road, Heatherton Road and the Princes Highway providing strong north–south and east–west links across Melbourne’s south-east.

Local shopping and service amenities are modest in scale and are generally accessed through neighbourhood strips and nearby centres such as Springvale and Keysborough. Larger retail, dining and employment hubs, including Springvale town centre and Southland, are accessible by car or public transport.

Educational facilities in and around Springvale South include several primary schools, with secondary schools located in neighbouring suburbs. Tertiary education and training institutions are accessible in surrounding areas, including Monash University and local TAFE campuses.

Recreational amenities include local parks, sporting reserves, and access to golf courses and open-space corridors in nearby suburbs. Neighbourhood reserves and playgrounds support informal recreation and community activities.

Employment among residents spans manufacturing, retail, health care, education, trades and professional services, with many commuting to employment centres across Melbourne’s south-east. Springvale South’s character is shaped by its family-oriented housing, cultural diversity and reliance on surrounding suburbs for rail transport and major commercial services within Melbourne’s middle south-east.

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