Unit 1,
3 HAROLD ROAD Springvale South VIC 3172

About Springvale South

With an average age of 38, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $376. The average family earns a weekly income of $1,786 with a typical household size of 3 and a 94.94% employment rate.

Consistent high demand relative to supply is a key feature in Springvale South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Springvale South due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Springvale South leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Springvale South to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Springvale South the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Southland Chelsea Edithvale Syndal Mordialloc Westall Aspendale Parkdale Cheltenham Highett

General Points of Interest

St Patrick's Tennis Club Mentone Lest We Forget Westfield Southland Chesterfield Farm Cheltenham Bowls Club Golden Plaza The Cricketer's Bell Academy Swimming Pool Hockey Pavillion Volleyball: Dandenong Basketball Centre

Population

(Country of Birth not stated 3%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Athol Road Primary School Keysborough Secondary College

• Keysborough Primary School

  Springvale South, VIC, 3172 State Prep-6

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• Hoa Nghiem Primary School

  Springvale South, VIC, 3172 Independent Prep-6

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• Keysborough Secondary College

  Springvale South, VIC, 3172 State 7-12

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website