Springvale (Vic.)
VICSpringvale (Vic.) is a growing suburb in VIC with 22,174 residents.
- SAL code
- 22328
- SA2
- 212041317
- Population
- 22,174
Springvale (Vic.), VIC had 22,174 residents at the 2021 Census, with the broader statistical area showing a 3.5% growth over the last five years. The predominant age group is 25-34 years, and the median age sits at 36. Households are most often couples with children, and those with a mortgage repay a median of $1,750 a month. Around 54.7% of homes are owner-occupied, with the largest single tenure being rented at 39.2%. Most dwellings are separate houses, making up 70.5% of the suburb's housing stock. The suburb has 31 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Springvale (Vic.), VIC at a glance
Springvale is an established multicultural activity-centre suburb ~22 km south-east of Melbourne CBD in the City of Greater Dandenong. It's anchored by the Springvale Activity Centre, a busy Vietnamese-led food + retail strip, and sits on the Cranbourne–Pakenham line. The data tiles below cover the demographic baseline; this card adds the live market + lifestyle + council context they don't.
For homebuyers
Springvale's character is the Activity Centre: Springvale Road and the surrounding lanes are one of Melbourne's strongest Vietnamese-led food + retail precincts, with daily fresh markets, bakeries, and a pedestrian-first feel after the Springvale Boulevard upgrade. Housing is a mix — interwar and post-war single-storey houses on standard lots in the residential streets, with growing infill of townhouses and walk-ups closer to the centre. You'll find Springvale station on the Cranbourne–Pakenham line (~40 min to Flinders Street) and Sandown Park station to the south. Catchment primary schools include Springvale Rise, Spring Parks and Heatherhill; Keysborough College serves secondary. Sandown Racecourse, Springvale Reserve and the Springvale Community Hub + Library anchor recreation. Dandenong CBD sits ~5 km south-east; Westfield Southland is ~12 km west. In short: a transit-served, food-and-culture-rich middle-ring suburb where the Activity Centre carries the lifestyle weight.
For investors
Springvale runs as a moderate-yield, growth-leaning house market with a deeper unit segment than most middle-ring Melbourne suburbs. Median house $939,000 against $600/week rent gives a 3.30% gross yield; units sit at $690,000 / $550 → 4.52% (Your Investment Property May 2026). 12-month house growth +9.82% (quarterly +1.51%); units +3.76%. 165 house and 99 unit sales in 12 months — a deep, liquid market. Days-on-market 44 (houses) and 41 (units).
Strengths
- Solid 12-month house growth (+9.82%, Your Investment Property May 2026) with quarterly momentum still positive (+1.51%).
- Deep transaction market — 264 combined sales in 12 months means easy entry/exit relative to suburb size.
- Two train stations and an established activity centre support tenant demand across student, migrant, and worker cohorts.
- Unit yield ~4.52% offers a cashflow option a strict house play doesn't.
Trade-offs
- House yield 3.30% is below Melbourne's middle-ring median for cashflow-led investors.
- Days-on-market in the 40s (44 houses, 41 units) — slower turnover than tight inner-east markets; price discovery takes longer.
- Unit growth lagging (+3.76% annual vs +9.82% houses) — apartment stock around the Activity Centre faces ongoing infill supply.
- Greater Dandenong vacancy ~1.23% (SQM late-2025) is reasonable but loosened from prior cycle peaks.
What's coming
City of Greater Dandenong's Revitalising Springvale program continues, with the Multicultural Place public-realm upgrade in design/consultation and the Springvale Reserve Master Plan (adopted Oct 2023) progressing toward netball-court delivery, oval lighting upgrades and new playground/picnic infrastructure. The Springvale Activity Centre Structure Plan continues to guide higher-density mixed-use zoning around the station.
Bottom line
For homebuyers: a transit-served, culturally rich middle-ring suburb with the Activity Centre on the doorstep. For investors: a liquid, growth-leaning house market with moderate yield and a deeper-than-usual unit segment.
Population
?22,174
Suburb · Census 2021
5-Year Growth
+3.5%
3yr: +8.3% · 10yr: +10.3%
SA2 · 5yr
Household Income
$1,402/wk
Suburb · Census 2021 median
Median Age
36
Suburb · Census 2021
Socio-Economic Index
?1/10
SA2 · more disadvantaged
Unemployment
?5.2%
SA2 · Q4 2025
Schools
7
5 primary, 2 secondary
Hospitals
No data for this suburb
Childcare services
?13
7 long day, 3 OSHC
Parks & green space
?31
Parks, reserves
Transport stops
?86
GTFS stops
Dwelling approvals
No data for this suburb
Median Weekly Rent
Based on rental bond lodgements recorded by the state government.
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments→ Calculate rental yield (price + median rent)
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Springvale (SA2)
ABS publishes annual estimates only at SA2; Springvale (Vic.) suburb alone is ~22,174 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 18,557 to 24,468 over 24 years, averaging 1.2% per year.
Schools
7 in suburbSector
4 public · 3 private
Type
4 primary · 1 secondary · 1 K-12 · 1 special
Total enrolment
5,634
Avg per school
805
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 1.1%Predominantly detached houses (70.5%), mixed tenure (54.7% own or mortgage), built for families (49% are 3 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
This suburb falls outside every bushfire polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: Vicmap Planning — Bushfire Prone Area + Vicmap flood overlays.
Flood risk
This suburb falls outside every flood polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: Vicmap Planning — Bushfire Prone Area + Vicmap flood overlays.
Planning zones
16 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| GRZ1 | General Residential Zone Schedule 1Residential | 35.7% | 3.96 km² |
| PUZ5 | Public Use Zone Schedule 5Special use | 15.3% | 1.70 km² |
| IN1Z | Industrial 1 ZoneIndustrial | 12.0% | 1.33 km² |
| SUZ1 | Special Use Zone Schedule 1Special use | 9.4% | 1.04 km² |
| GRZ3 | General Residential Zone Schedule 3Residential | 7.2% | 0.80 km² |
| TRZ2 | TRZ2Special use | 5.1% | 0.57 km² |
| C1Z | Commercial 1 ZoneBusiness | 2.8% | 0.31 km² |
| C2Z | Commercial 2 ZoneBusiness | 2.8% | 0.31 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 2.5% | 0.28 km² |
| UFZ | Urban Floodway ZoneWaterway | 1.9% | 0.21 km² |
| TRZ1 | TRZ1Special use | 1.4% | 0.15 km² |
| RGZ2 | Residential Growth Zone Schedule 2Residential | 1.3% | 0.14 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 1.2% | 0.13 km² |
| TRZ3 | TRZ3Special use | 0.6% | 0.07 km² |
| PUZ6 | Public Use Zone Schedule 6Special use | 0.4% | 0.05 km² |
| MUZ | Mixed Use ZoneResidential | 0.4% | 0.04 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.