Springwood at a glance
8,730
People
$1,125,000
Median sale
$640/wk
Median rent
2.96%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
NSW › Springwood › Park Rd
$1,160,000
Last sold
8 Mar 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
1,163 m²
Building
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
$1,160,000
8 Mar 2023 · derived via latest_sale
Springwood at a glance
8,730
People
$1,125,000
Median sale
$640/wk
Median rent
2.96%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
+3.1%
Median sale
Suburb $1,125,000
-0.09 pp
Gross yield
Suburb 2.96%
Suburb median $1,125,000 from 61 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 $640/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
Springwood at a glance
8,730
People
$1,125,000
Median sale
$640/wk
Median rent
2.96%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Merrick Property GroupKEY FEATURES
Offering four bedrooms, three to the top level of the home & one to the lower level.
The main living is situated at the entrance of the home & provides custom cabinetry.
The modern kitchen is spectacular as it offers high end quality appliances & tap ware, stunning butlers pantry & ample storage.
Two eye catching bathrooms service the home perfectly, complete with floating vanities & floor to ceiling tiles.
The oversized internal laundry offers a versatile space for an inspiring artist or second workspace.
Private 1,163m2 (approx) block, stunning bush backdrop, multiple outdoor living spaces including a spacious deck perfect for year round entertaining.
Large frontage, plenty of space available for those with a trailer boat or caravan, split system air conditioning, two car garage, single carport plus abundance of further level front yard for a pool or granny flat (STCA).
WHAT WE LOVE MOST!
We love the thought, time & effort that has gone into this complete renovation.
The modern features, abundance of storage, quality fixtures & tap ware plus easy to love design of the home, family friendly floor plan, statement lighting & sheer space throughout ticks our boxes.
The home is set back from the street, offering privacy & an abundance of front level lawn for the kids, pets & perfect for those needing extra space for a caravan, boat or trailer.
Whilst being in a quiet & peaceful community & spoiled for choice with quality schools, sporting facilities & fantastic shops & cafes available to you.
Approximately one and a half kilometres away from the popular shopping precinct of Springwood & Train Station.
Disclaimer: We have been furnished with the above information, however, Merrick Property Group gives no guarantees or undertakings concerning the accuracy, completeness or up-to-date nature of the information provided.
All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Listing description written by Paul Merrick, Merrick Property Group — reproduced as published, not verified by Districts.