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 › Tamar Rd
$820,000
Last sold
21 Sept 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
659 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
$820,000
21 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Springvale South (last 5 years) with land size have a median of $1,568/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
-8.0%
Median sale
Suburb $891,500
+0.26 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 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
VICPlanning 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.” 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.
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
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?
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
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 Area Specialist VictoriaIt's Addressed:
This well-located home is perfectly positioned within a 4 min walk to Keysborough Primary School and a 10 minute walk to Keysborough Secondary College, Naomi Court Reserve and playground are around 200m away, making it ideal for families. A short drive will take you to the popular Parkmore Shopping Centre and Keysborough Community Park, providing plenty of retail and recreation options.
Situated on a large 659sqm block, this solid brick veneer home is framed by privacy fencing on all sides. The lush green lawns and easy-maintenance border plants give the home great street appeal, while electric vehicle access gates lead to a long concrete driveway and covered carport. The block layout is unique, with an expansive sunny yard that offers space for outdoor activities.
The home offers excellent potential for large families or investors, with a self-contained unit at the rear. This unit is detached from the main house and comes with air conditioning, timber-laminate flooring, curtains, a modern bathroom/laundry and a well-sized kitchen equipped with gas and electric cooking appliances.
Zoned air conditioning provides heating and cooling throughout the main residence. Timber hardwood flooring runs through the open-plan layout, with a formal meals area adjacent to the kitchen. The home features a calming palette of sky blue walls, classic hanging pendant lighting and soft window furnishings that provide privacy.
The kitchen is spacious, with striking violet tones, abundant cabinetry storage and a 40mm muted lemon laminate countertop. Natural light streams through two wide awning windows, creating a bright and airy space. A wall-mounted electric oven, gas cooktop and dishwasher complete the kitchen's functionality.
Three well-sized bedrooms feature a continuation of timber flooring and add built-in storage, while the large bathroom includes accessibility features, mixer tapware and a large frameless mirror.
Contact Art Sudharm on 0403 571 245 for a priority inspection today! There is an Art to buying.
Property specifications:
• Three bedrooms, spacious living, meals area, self-contained unit, outdoor dining patio
• Expansive sunny yard with lush lawns and easy-maintenance plants
• Zoned air conditioning, timber hardwood flooring, accessibility features
• Long concrete driveway, electric vehicle access gate and covered carport
• Family-friendly central position
For more Real Estate in Springvale South contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Art Sudharm, Area Specialist Victoria — reproduced as published, not verified by Districts.