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 › Lock Ave
$800,000
Last sold
24 Feb 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
550 m²
Land
123 m²
Building
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
$800,000
24 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Springfield (last 5 years) with land size have a median of $1,628/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
-27.8%
Median sale
Suburb $1,107,500
+1.14 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
UnknownArea
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 GittoesOccupying a 550sqm block with a large, grassed yard and rear lane access, this three-bedroom brick and tile home is ideal for a first home buyer and would also be a great investment opportunity with potential to build a granny flat (STCA).
The good-sized living room leads through to the dining area and kitchen, that has a freestanding electric oven, breakfast bar and plenty of cupboard space. Glass sliding doors connect a light and bright sunroom to the home, which in turn leads out to a covered entertaining area and the rear yard.
The master bedroom has a built-in robe, the toilet is separate from the bathroom and the laundry has access out to an additional covered area. The home has polished floorboards throughout, fresh paintwork and a secure single garage. The property is conveniently located only minutes from bus stops, with schools, shops and amenities also close by.
Email the agent for a detailed property eBook. If you don't receive a response within 60 seconds, please check your junk mail!
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise Gittoes Leaders In Property does not make any representation as to the accuracy of the information contained in the advertisement, nor does it accept any responsibility or liability, and recommends that any client makes their own investigations and enquiries. All images are indicative of the property only.
Listing description written by Trent Mullen, Gittoes — reproduced as published, not verified by Districts.
NSW 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.