5/218-220 Springvale Road, Springvale, VIC 3171 | Property Value & History | OnTheHouse
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5/218-220 Springvale Road
Springvale VIC 3171

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Apr 06

Property Details for 5/218-220 Springvale Rd, Springvale

Building Type
Commercial
Year Built
2004
Local Government
Greater Dandenong
Lot/Plan
5/RP16000

Property History for 5/218-220 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$220,000
26 Jun 1998
    No history found for this property.

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Local Area Liveability Score

8.1

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

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Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10
Data by

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Similar properties For Rent nearby

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About Springvale 3171

The size of Springvale is approximately 11 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2011 was 19,770 people. By 2016 the population was 21,697 showing a population growth of 9.7% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation. In 2011, 57.4% of the homes in Springvale were owner-occupied compared with 56.2% in 2016.

Springvale has 11,223 properties. Over the last 5 years, Houses in Springvale have seen a 9.04% increase in median value, while Units have seen a 13.63% increase. As at 30 April 2025:

  • The median value for Houses in Springvale is $869,545 while the median value for Units is $611,995.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 81 properties listed for sale, and 46 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Springvale.

Springvale Profile Page

What's around 5/218-220 Springvale Rd, Springvale

5/218-220 Springvale Rd, Springvale is in the school catchment zone for Springvale Rise Primary School.

Nearby Schools
Comparable Properties
Springvale Park Special Developmental School
0.17km
Springvale 3171
SpecialGovernmentCombined226 Enrolled
St Joseph's Parish Primary School
0.28km
Springvale 3171
PrimaryNon-GovernmentCombined674 Enrolled
Springvale Rise Primary School-Springvale Road Campus
0.29km
Springvale 3171
PrimaryNon-GovernmentCombined Enrolled
Noble Park English Language School-Springvale Campus
0.31km
Springvale 3171
SpecialNon-GovernmentCombined Enrolled
Killester College
1.07km
Springvale 3171
SecondaryNon-Government7 - 12Combined916 Enrolled
Minaret College
1.2km
Address not found
CombinedNon-GovernmentP - 12Combined1764 Enrolled
Fitra Community School
1.27km
Clayton South 3169
PrimaryNon-GovernmentCombined Enrolled
Springvale Rise Primary School
1.28km
Springvale 3171
IN CATCHMENTPrimaryGovernmentP - 6Combined553 Enrolled
Spring Parks Primary School
1.58km
Springvale 3171
PrimaryGovernmentP - 6Combined302 Enrolled
Heatherhill Primary School
1.58km
Springvale 3171
PrimaryGovernmentP - 6Combined208 Enrolled

Suburb Insights for Springvale 3171

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Market Insights
Springvale Trends for Houses
Median Value

$870k

1.36%
View Trend
Median Growth

-2.60%

View Trend
Median Rent

$550/W

1.38%
View Trend
Rental Yield

3.45%

12.01%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Springvale Trends for Units
Median Value

$612k

1.48%
View Trend
Median Growth

1.17%

View Trend
Median Rent

$520/W

10.64%
View Trend
Rental Yield

4.50%

3.93%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Neighbourhood Insights
Age

Population 21,697

0-9

 

11%

10-19

 

11%

20-29

 

20%

30-39

 

16%

40-49

 

12%

50-59

 

11%

60-69

 

9%

70-79

 

6%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy
Visit Springvale profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2025 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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