Springvale South at a glance
13,433
People
$891,500
Median sale
$509/wk
Median rent
2.97%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Springvale South › Myrtle St
$925,000
Last sold
23 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
564 m²
Land
Districts View
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
$925,000
23 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Springvale South (last 5 years) with land size have a median of $1,566/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Springvale South at a glance
13,433
People
$891,500
Median sale
$509/wk
Median rent
2.97%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale South
+3.8%
Median sale
Suburb $891,500
-0.11 pp
Gross yield
Suburb 2.97%
Suburb median $891,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Greater Dandenong
Greater Dandenong, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 565 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $509/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. 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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 565 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Springvale South at a glance
13,433
People
$891,500
Median sale
$509/wk
Median rent
2.97%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ClaytonSpringvale South's most tightly held pockets. Offered to the market for the first time in over 40 years, having served only two families in its lifetime, this cherished residence is finally ready for its next chapter. The ultimate family sanctuary with boundless potential, designed with a seamless open-plan layout, the lounge, dining, and kitchen areas flow together to create a modern, integrated living space. Recent high-end refreshments have breathed new life into the home, including:
• Revitalized Timber Flooring: Original hardwood floors have been professionally sanded and polished to a mirror finish.
• Modern Upgrades: LED downlights and a fresh coat of paint throughout.
• Climate Control: Stay perfectly comfortable year-round with ducted heating and air conditional
• The Chef's Kitchen: A decent-sized kitchen featuring solid wood cabinetry that blends classic durability with a modern aesthetic, high-quality tiled splashbacks, and a double oven for the serious home cook.
Three generous bedrooms with built-in robes provide ample accommodation. The central bathroom offers a touch of luxury with a built-in Jacuzzi, perfect for unwinding after a long day. A well-sized laundry enhances the home's functionality, with the potential to combine into a second full bathroom or potential to convert into fourth bedroom, The exterior is where this property truly shines. A massive double garage provides more than just off-street parking, it is a true multipurpose hub: A standout feature is the expansive garage area with an additional kitchen and study space, ideal for:
• Family gatherings or entertaining, A home office or retreat, Conversion into a bungalow (STCA) for extended family or guest accommodation, Workshop Storage: Ample room for tools and hobbies, Second Kitchen & Study: Features an integrated second kitchen and a separate study/retreat.
• Flexible Living: The space is perfectly sized for large family reunions or could easily be converted into a self-contained bungalow for extended family, guests, or a rental opportunity. Features a custom-designed BBQ area equipped for traditional grilling or a spit-roast, ready for summer hosting and weekend celebrations
Prime Location: Boasting an unbeatable lifestyle, you are within walking distance to Burden Park, Heather hill Primary School, and Keysborough Secondary College. Enjoy proximity to Killester College, Springvale Plaza, Sandown Park Station, and multiple bus routes. Don't miss your chance to secure a piece of Springvale South history. Your family's future starts here.
For local Real Estate Contact Davis Pham: 0432 022 686
Photo I.D. required at all inspections.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Davis Pham, Ray White Clayton — reproduced as published, not verified by Districts.