Rent in Springvale, VIC 3171
Median weekly rent on new leases lodged with the state bond authority, 12 months to September 2025. These are rents tenants signed up to pay, not advertised asking rents.
Median weekly rent
$570/wk
all new leases
New leases
1,466
12 months to September 2025
12-month change
+3.6%
vs previous 12 months
5-year change
+42.5%
median new-lease rent
Springvale rent summary
In the 12 months to September 2025, 1,466 new leases were lodged with the state bond authority in Springvale, at a median of $570 a week. The most common new lease was for 2-bedroom units (456 leases, median $520 a week). Houses leased for a median of $590 a week against $530 for units. Across all dwellings that is up 3.6% on the previous 12 months. Over five years the median new-lease rent has risen 42.5%.
Median weekly rent on new leases in Springvale
12 months to September 2025. Median, then the range the middle half of leases fell in where published, then n = number of leases.
| Dwelling | All bedrooms | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Houses | $590/wk n = 510 | - | $510/wk n = 43 | $570/wk n = 365 | $685/wk n = 102 |
| Units | $530/wk n = 801 | $370/wk n = 137 | $520/wk n = 456 | $650/wk n = 208 | - |
| All dwellings | $570/wk n = 1,466 |
How rents on new leases have changed
Median for the 12 months to September 2025 against the same 12 months earlier.
| Segment | Median now | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| All dwellings | $570/wk | +3.6% | +42.5% | +42.5% |
| Houses | $590/wk | +0.6% | +35.9% | +41.5% |
| Units | $530/wk | +6.2% | +39.0% | +42.6% |
| 2-bedroom units | $520/wk | +4.0% | +40.5% | +44.4% |
| 3-bedroom houses | $570/wk | +1.8% | +35.7% | +40.7% |
| 3-bedroom units | $650/wk | +8.3% | +41.3% | +44.4% |
Median rent on new leases over time in Springvale
2015 to 2025, weekly rent. Periods with fewer than 10 leases are left out.
Suburb profile
Springvale suburb data
Median prices, rental yield, vacancy and growth for Springvale.
Sold prices
Recently sold in Springvale
Actual sale prices and days on market in Springvale.
Rent changes
Rent rises and cuts
Weekly rent increases and decreases on live rental listings across Australia.
Frequently asked questions about rent in Springvale
What is the median rent in Springvale?
In the 12 months to September 2025, the median weekly rent on 1,466 new leases in Springvale was $570 a week.
How much is rent for a 2 bedroom unit in Springvale?
In the 12 months to September 2025, 456 new leases for 2-bedroom units were lodged in Springvale, with a median rent of $520 a week.
How much is rent for a 3 bedroom house in Springvale?
In the 12 months to September 2025, 365 new leases for 3-bedroom houses were lodged in Springvale, with a median rent of $570 a week.
How much is rent for a 3 bedroom unit in Springvale?
In the 12 months to September 2025, 208 new leases for 3-bedroom units were lodged in Springvale, with a median rent of $650 a week.
Is rent going up in Springvale?
The median rent on new leases in Springvale was up 3.6% in the 12 months to September 2025, compared with the 12 months before.
Where do these Springvale rent figures come from?
They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.
How these figures are calculated
Rents are from new residential leases lodged with the state bond authority, which publishes them by area as rolling 12-month figures each quarter. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.