Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
NSW › Spring Farm › Derbyshire Rd
$672,000
Last sold
20 Jan 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
389 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
$672,000
20 Jan 2020 · derived via latest_sale
Local land rate: recorded House sales in Spring Farm (last 5 years) with land size have a median of $2,637/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Farm
-40.9%
Median sale
Suburb $1,137,000
+2.39 pp
Gross yield
Suburb 3.45%
Suburb median $1,137,000 from 75 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 $755/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
Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateSituated within the quiet streets of sunny Spring Farm, 28 Derbyshire is a solid all-rounder home aimed at small families and first home buyers. Presenting a neat frontage on an equally neat street, pebbled walkway and wide driveway leading to decently sized double remote-controlled garage, 28 Derbyshire brings to mind the essence of the staple four-bedroom Aussie home.
Not willing to merely rest upon its merits, this property impresses with long hallways and down lights throughout, large modern tiling and upgraded doors that all combine into a fresh, sleek design. The front-facing master bedroom is immediately accessible, and offers residents fresh carpeting, a ceiling fan and blinds for the basic comforts, whilst also featuring a reasonably sized walk-in wardrobe and ensuite attached. The ensuite comes with high, stylish marble tiling in the shower, large upgraded shower hose head, and aesthetic vanity.
The remaining bedrooms two through four are accessible down the hallway, with one being close enough to the master for young children, and the other two at the back end of the house for some increased privacy. These bedrooms all feature carpeting, ceiling fans, blinds and double sliding mirrored built-ins, and are facilitated by the main bathroom, which features a large built-in bathtub and moulded curve inset basin.
Sliding past the hallway, the space opens up into the open plan kitchen, living and dining areas. Serving as the communication core of the house, this area will be the most trafficked and enjoyed. The kitchen employs a large Caesarstone benchtop with a familiar sleek black aesthetic in its double sink and tapestry. Featuring plenty of cabinetry, space for a double fridge, and 900mm Residentia stovetop and oven, you’ll find yourself well provided for. The direct access to the laundry, which comes with its own side access and plenty of shelving space, is very handy, but most value will be gained from the ease of communication between kitchen and dining/living spaces during breakfasts and dinners.
Just past the living area to the left you’ll find a solid media room, equipped with a fan and gas point to accommodate all your television entertainment needs, whilst to your right, just past the sliding door access is the covered and tiled alfresco area. The alfresco entertainment is well suited for afternoon tea and family dinners, and it opens up into a surprisingly large backyard. With plenty of room for the kids to muck around, you’ll appreciate the complete openness to and ease of customization. To cap it off, the high fences provide a cover of privacy.
28 Derbyshire is an excellent home that will cover all your family living needs.
Other features include:
• Land size 389sqm
• Split system air conditioning
• Within walking distance of Spring Reserve and Lake, local Woolworths, and Spring Farm Public School
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Lincon McLaren, McLaren Real Estate — reproduced as published, not verified by Districts.