Springfield at a glance
4,246
People
$1,107,500
Median sale
$634/wk
Median rent
2.98%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
NSW › Springfield › Watergum Pl
$1,505,000
Last sold
6 June 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
900 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,505,000
6 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield (last 5 years) with land size have a median of $1,615/m² of land (n=164). Districts calculation from recorded sales — not a valuation.
Springfield at a glance
4,246
People
$1,107,500
Median sale
$634/wk
Median rent
2.98%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield
+35.9%
Median sale
Suburb $1,107,500
-0.79 pp
Gross yield
Suburb 2.98%
Suburb median $1,107,500 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $634/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Springfield at a glance
4,246
People
$1,107,500
Median sale
$634/wk
Median rent
2.98%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PropertyCoPrivately set in one of Springfield's most sought-after and peaceful pockets, this beautifully designed residence delivers the perfect balance of space, lifestyle and premium upgrades. Backing directly onto Springfield Pond and surrounded by established gardens, it offers tranquil leafy views from almost every window, creating an everyday connection with nature.
Featuring four generously sized bedrooms, each thoughtfully designed to provide comfort and privacy, this home caters perfectly to family living. The master suite is a true sanctuary, complete with an expansive layout, large walk-in wardrobe, private deck overlooking the tranquil pond, and a beautifully finished ensuite with heated towel racks for a touch of luxury. At the heart of the home, the modern entertainer's kitchen impresses with designer Miele appliances, a Wolf 914mm natural gas 5-burner cooktop, and sleek cabinetry that effortlessly blends style and practicality.
Features Include:
- Four generously sized bedrooms with the master offering a large walk-in wardrobe, a private deck with tranquil pond views, and a beautifully appointed ensuite.
- Two beautiful bathrooms with an extra toilet located downstairs.
- Three versatile living areas seamlessly linked by a striking Velux skylight above the staircase, filling the home with natural light and easily adjusted with a remote-controlled block-out blind for added comfort.
- Modern entertainer's kitchen fit with a Miele range hood, pyrolytic oven and dishwasher and Wolf CT 914mm 5-burner natural gas stovetop.
- Spotted gum solid hardwood flooring and LED lighting throughout.
- Outside you will find beautiful landscaped gardens, a rear deck which guides you to your own pond access, covered entertaining decking, and a private terrace courtyard with Modwood decking.
- Oversized double garage plus extra driveway parking for up to 3 vehicles.
Additional features include: 40 panel solar SMA Energy 15 kW system monitored online or on the app, carpet in all bedrooms, ceiling fans and LED lighting throughout, two Panasonic ducted air conditioning systems offering 6 zones, and two storage rooms.
Surrounded by nature and thoughtfully enhanced for modern living, this is a true lifestyle property in a tightly held location. Just minutes from schools, shops and transport, yet offering peaceful seclusion and captivating pond views, this one-of-a-kind home presents a rare opportunity to secure your own private retreat in the heart of Springfield. Contact James Keelan on 0435 714 565 or Edan Sirone on 0411 314 464 today to arrange your inspection.
DISCLAIMER: The information in this advertisement has been provided by third parties. While Property Central strives to ensure its accuracy, we do not guarantee or warrant its completeness. We accept no liability for errors, omissions, or misstatements and encourage prospective buyers to conduct their own independent investigations. All images are for illustrative purposes only.
Listing description written by James Keelan, PropertyCo — reproduced as published, not verified by Districts.