Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
VIC › Springvale › Red Hill Rd
$850,000–$910,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
2
Car spaces
600 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
Asking
$850,000–$910,000
Asking range · $1,417/m² of land
No recorded sale for this property.
Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale
-10.9%
Median sale
Suburb $954,000
+0.35 pp
Gross yield
Suburb 2.82%
Suburb median $954,000 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$51,863 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Springvale's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $518/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.
Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by @realtyOwner & Director of VIET HA SEPG.
Viet Ha is proud to present this lovely house, which will appeal to both first-time buyers, investors or own business. This is your chance to own an impeccable, turn-key house in Springvale. Every imaginable inclusion has been considered to guarantee that this home gives an easy and comfortable lifestyle
THE GOOD BITS
Located in the heart of Springvale ,this 600sqm approx. to inspire your vision for the future with exciting scope to redevelop with multiple dwellings (STCA) , this house is surrounded by beautiful greenery and is just a stone's throw away from local shops, restaurants, and public transport. As soon as you step inside, you will be greeted by a spacious and inviting living area with floorboards and natural light flooding in through the large windows.
WHAT YOU’LL LOVE
The kitchen is a chef's dream. Imagine cooking up a storm while entertaining your guests in the adjacent dining area. And on warm summer nights, step out onto the deck and enjoy a BBQ with family and friends while taking in the serene views of the outdoor entertainment area and courtyard.
This property is perfect for those who love to entertain, with plenty of space for outdoor activities and secure parking for your vehicles. The fully fenced yard is ideal for children or pets to run around and play, and for those with a green thumb, there is even a shed for all your gardening needs.
Inside, you will find three spacious bedrooms with built-in wardrobes, perfect for accommodating your growing family or for hosting guests. And for those who work from home, there is a study room that can be used as a home office.
This house is equipped with all the modern comforts you could ask for, including an alarm system for your security and peace of mind, and broadband internet for your convenience. And during those hot summer days, stay cool and comfortable with the air conditioning system.
Sitting on a generous 600 square meters of land, this property offers plenty of space for you and your family to spread out and make unforgettable memories. And the best part? This house is tenanted, meaning you have income immediately.
Don't wait any longer, make your dream of owning a luxurious house in Springvale a reality. Contact us today to arrange a private inspection and see for yourself the beauty and charm of this property. Don't wait, this house won't be on the market for long. Act fast and secure your dream home now.
IT SIMPLY WON’T LAST LONG, MUST BUY TODAY
To arrange please contact Henry(Việt) Ha 0406 246 384, Hani Nguyen 0423 091 620 inspect today, open 7 days /week
ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.
VIET HA prides itself on being as accurate as possible, however anyone considering purchasing the property should undertake their own due diligence to confirm the above.
Listing description written by Viet Ha, @realty — reproduced as published, not verified by Districts.
Victoria 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.