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 › Drummond Circuit
$883,000
Last sold
12 Mar 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
269 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
$883,000
12 Mar 2026 · derived via latest_sale
Local land rate: recorded Townhouse sales in Springvale South (last 5 years) with land size have a median of $4,274/m² of land (n=3). 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
-1.0%
Median sale
Suburb $891,500
+0.03 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 Coco Ma Real EstateBeautifully positioned on a prized corner allotment within a peaceful, low-traffic pocket, 23 Drummond Circuit, Springvale South delivers a refined balance of modern comfort, practical design and effortless family living.
Showcasing fresh, contemporary style throughout, this spacious four-bedroom residence is thoughtfully designed to accommodate formal, informal and outdoor lifestyles. From the moment you step inside, warm timber-style flooring leads past the convenient downstairs bedroom and bathroom into a generous, light-filled living zone that connects seamlessly with the adjoining dining area—creating a welcoming hub for everyday living and relaxed entertaining.
The well-appointed kitchen is crafted for both function and flow, featuring quality appliances, excellent bench space and a large walk-in pantry to keep family life beautifully organised.
Upstairs, three additional bedrooms provide a peaceful retreat, including a superb master suite complete with a walk-in robe, private ensuite and reverse-cycle split system for year-round comfort. A central family bathroom with separate shower and bath services the remaining bedrooms, ensuring ease for growing households.
Large windows invite natural light across both levels, enhancing the home’s bright and airy ambience. Outdoors, the corner position provides outstanding accessibility, complemented by a secure lock-up garage, additional covered driveway parking, energy-efficient solar panels, and the added convenience of an EV car charger—perfectly suited to modern, future-focused living.
Low-maintenance surrounds, generous family space, and a location designed for long-term enjoyment combine to create a home ready to move straight in and enjoy.
Zoned for Keysborough Primary School and Keysborough Secondary College, and supported by reliable 5G mobile coverage, this is an exceptional opportunity for families, first-home buyers and investors alike.
Presented with pride by Coco Ma Real Estate.
PROPERTY HIGHLIGHTS
• Modern four-bedroom family home on a desirable corner allotment
• Flexible layout with a downstairs bedroom and bathroom
• Spacious, light-filled living with adjoining dining area
• Well-appointed kitchen with quality appliances and a large walk-in pantry
• Three upstairs bedrooms, including master with ensuite and walk-in robe
• Reverse-cycle split system in the master bedroom
• Central family bathroom with shower and bath
• Timber-style flooring and abundant natural light throughout
• Solar panels for energy efficiency
• EV car charger for future-ready convenience
• Secure lock-up garage plus covered driveway parking
• Peaceful, low-traffic location with low-maintenance surrounds
• Zoned for Keysborough Primary School and Keysborough Secondary College
• Reliable 5G mobile coverage
For more Real Estate in Springvale South, contact Coco Ma Real Estate TODAY!
Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary to satisfy themselves with any pertinent matters.
Listing description written by Coco Ma, Coco Ma Real Estate — reproduced as published, not verified by Districts.