FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Springvale, Victoria 6.2 out of 10 (Workhorse Investment) as of May 2026.
Springvale offers a robust investment opportunity just 20 kilometres from Melbourne's CBD, characterised by exceptionally strong tenant demand reflected in a 0.8% vacancy rate. This sustained demand, coupled with consistent 7.5% annual capital growth, firmly positions it as a reliable workhorse asset for investors seeking long-term appreciation rather than immediate high cash flow.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Springvale, Victoria 6.2 out of 10 (Workhorse Investment) as of May 2026. Springvale offers a robust investment opportunity just 20 kilometres from Melbourne's CBD, characterised by exceptionally strong tenant demand reflected in a 0.8% vacancy rate. This sustained demand, coupled with consistent 7.5% annual capital growth, firmly positions it as a reliable workhorse asset for investors seeking long-term appreciation rather than immediate high cash flow.
The median house price in Springvale, VIC is $939K. Weekly rent of $620 against a 3.4% gross yield underpins this figure.
Springvale has a gross rental yield of 3.4%, with a median weekly rent of $620. 12-month price growth is tracking at +7.5%.
Based on its market signals, Springvale aligns with: Income Hold.