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VIC › Springvale › Fairbairn St

10 Fairbairn St, Springvale VIC 3171

For saleHouse for Sale

$920,000–$980,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

585 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $920,000–$980,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $920,000–$980,000(Listing record · 6 Dec 2024)
  • FactLand 585 m²; no building size recorded.(Property record)
  • CalculationAsk is 4% below the Springvale median recorded sale ($958,000, n=103, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Springvale's advertised median rent ($518/wk), implied gross yield would be 2.93% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$920,000–$980,000

Asking range · $1,573/m² of land

No recorded sale for this property.

Springvale at a glance

24,563

People

$958,000

Median sale

$518/wk

Median rent

2.81%

Suburb gross yield

Median sale from 103 recorded sales (last 12 months) — a Districts calculation.

See the full Springvale report →

Vs Springvale

-4.0%

Median sale

Suburb $958,000

+0.12 pp

Gross yield

Suburb 2.81%

Suburb median $958,000 from 103 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$920,000
Stamp Duty (Victoria)
$50,270
Transfer/Registration Fee
$2,257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$976,227

$56,227 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Springvale's advertised median rent — not a rent for this listing.

Net yield
1.43%
Annual cashflow (pre-tax)
$-34,704
Interest cover (DSCR)
0.27
Annual rent
$26,936
Operating expenses
$13,800
Loan amount
$736,000
Annual interest
$47,840
Gross yield
2.93%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$920,000–$980,000available6 Dec 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $518/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Springvale in one glance

Springvale at a glance

24,563

People

$958,000

Median sale

$518/wk

Median rent

2.81%

Suburb gross yield

Median sale from 103 recorded sales (last 12 months) — a Districts calculation.

See the full Springvale report →

Keep researching

  • Why Springvale? Read the area thesis →
  • What else is on the market in Springvale →
  • Other records on Fairbairn St →

Listing material

Listed by @realty

"Experience the ultimate in luxury living at this 4 bed, 2 bath, 585 sqm2 land, Springvale home"

Owner & Director of VIET HA SEPG

Viet Ha is proud to present this lovely house, which will appeal to both first-time buyers, investors or own business. This is your chance to own an impeccable, turn-key house in Springvale. Every imaginable inclusion has been considered to guarantee that this home gives an easy and comfortable lifestyle

THE GOOD BITS

Read the full description

Welcome to your dream home in the heart of Springvale, Victoria. Imagine waking up every morning to the sound of birds chirping and the sun shining through your bedroom window. This stunning 4 bedroom, 2 bathroom house is waiting for you to call it home.

WHAT YOU’LL LOVE

Located in one of the most sought-after areas in Springvale, this property boasts a spacious 585 square meters of land. As you step through the front door, you will be greeted by a warm and inviting atmosphere that will make you never want to leave. The natural light that floods through the windows creates a bright and airy feel throughout the house, making it the perfect place for you and your family to create lasting memories.

The outdoor features of this property are simply breathtaking. Step out onto the deck and take in the stunning views of the surrounding neighborhood. This is the perfect spot to relax and enjoy a cup of coffee in the morning or a glass of wine in the evening. The outdoor entertainment area is an ideal space for hosting summer BBQs and gatherings with friends and family. The secure parking ensures that your vehicles are safe and protected at all times. The courtyard is a peaceful oasis where you can unwind and escape from the hustle and bustle of everyday life. The fully fenced yard provides privacy and security for your children and pets to play freely. And for those who love to tinker, there are sheds on the property for all your DIY projects.

Step inside and be wowed by the stunning indoor features that this house has to offer. The alarm system will give you peace of mind knowing that your home is safe and secure. The built-in wardrobes in each bedroom provide ample storage space, keeping your belongings organized and clutter-free. The modern kitchen is every chef's dream, equipped with a dishwasher for easy cleanup. Need a quiet place to work from home? The study is the perfect spot for your home office. The beautiful floorboards add a touch of elegance and are easy to maintain. And for the kids (or kids at heart), the rumpus room is the ultimate hangout spot.

Stay comfortable year-round with the air conditioning and ducted cooling system. Going green? This property is also equipped with eco-friendly features such as solar panels, helping you save on your energy bills while reducing your carbon footprint.

Located in a quiet and family-friendly neighborhood, this property is the perfect place to raise a family. With plenty of room for children to play and grow, this house is a place where memories will be made. And the best part? This property is currently not tenanted, meaning you can move in right away and make it your own.

Don't miss this opportunity to own your dream home in Springvale. With its spacious layout, stunning features, and prime location, this house is a rare find. So, what are you waiting for?

Our rental department has appraised this property for $800 - $850/week

IT SIMPLY WON’T LAST LONG, MUST BUY TODAY

To arrange please contact Viet Ha 0406 246 384 , Hani Nguyen 0423 091 620 inspect today, open 7 days /week

ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

VIET HA prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.

Listing description written by Viet Ha, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Courtyard
  • Deck
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.