Springvale South offers Melbourne's most affordable outer-southeast family housing within a reasonable commute of the Monash precinct — a diverse, affordable suburb where sub-$750K houses, strong multicultural community character, and improving local amenity deliver outstanding rental yields for investors. As Springvale's prices appreciate strongly, Springvale South is absorbing significant overflow demand from buyers seeking Springvale's multicultural amenity and southeast accessibility at lower entry points. At the current $750k median house price, an 80% loan at 6.25% over 30 years is about $3,694 per month.
| Median house price | $750,000 |
|---|---|
| Median unit price | $510,000 |
| Estimated monthly repayment | $3,694 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 4.5% |
| Typical days on market | 12 |
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