Springvale

VIC 3171

Springvale is a suburb in Melbourne's south-east, in the City of Greater Dandenong, about 22 kilometres from the Melbourne CBD. Princes Highway is the main road through the area, while small industrial pockets sit in the suburb's north-west and north-east. The suburb also contains Springvale Botanical Cemetery and Sandown motor raceway.

Springvale is an industrial and distribution precinct, with warehouses and factories suited to trade, storage and operational uses. Its commercial stock sits alongside residential areas and major road connections. Clayton South, Mulgrave and Clayton offer nearby points of comparison.

69

Active lease listings

commercial properties

$42,500

Median annual rent

asking rent across all listings

108

Median days on market

across all active listings

Lease rate trend

$184/m² p.a.

Median advertised rate

Up 0.3%

Change over 12 months

$179202420252026$198$159Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Springvale. Drill down to individual listings in MarketBuddy

Listings by sector

50

Industrial, Warehouse and Factories

active lease listings

8

Offices

active lease listings

6

Medical / Consulting

active lease listings

3

Retail and Shops

active lease listings

2

Other

active lease listings

Want to know more?

Explore commercial property insights for Springvale in MarketBuddy.

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Last updated 5 September 2026