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 › Gwent St
$965,000
Last sold
26 May 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
667 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
$965,000
26 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Springvale South (last 5 years) with land size have a median of $1,568/m² of land (n=75). 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
+8.2%
Median sale
Suburb $891,500
-0.23 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 Area Specialist VictoriaThe Addressed:
Perfectly positioned for family living and future opportunity, this newly renovated brick veneer home sits on a generous 667sqm block in a quiet and convenient pocket of Springvale South. Ideally located just one minute’s walk to Keysborough Primary School, Darren Reserve Kindergarten and the 824 bus stop, the property is also within the Keysborough Secondary College catchment and just a short drive to Parkmore Shopping Centre’s retail, dining and essential services.
Classic in its Australian suburban architecture, the home’s durable brick facade, white aluminium windows and long concrete driveway are complemented by a decorative white wrought iron boundary fence, adding a touch of character to its clean form. A covered porch welcomes you inside where a series of thoughtful updates have transformed the home into a stylish and move-in ready residence.
The interior layout is open-plan and light-filled, featuring new timber-look laminate flooring, modern LED down lights and new white Venetian blinds throughout. Ducted heating ensures comfort across all living zones, while a split system air conditioner provides additional climate control to key areas. A private office nook adds versatility for those working or studying from home. The spacious living room is enhanced by a charming bay window that floods the space with natural light.
The brand-new kitchen impresses with its abundance of glossy white cabinetry, 40mm speckled stone benchtops and quality appliances including a 600mm Bosch electric oven, gas burner cooktop, gourmet range-hood and integrated stainless steel dishwasher. A stylish three-seater breakfast nook and double bowl sink with modern mixer complete the space.
Four generously sized bedrooms provide excellent accommodation, two of which are air-conditioned for year-round comfort. The main bathroom has been completely upgraded with full-height marble-look wall tiles, a frameless glass shower with rainfall head, a generous vanity and an LED-backlit mirror, delivering everyday luxury.
Outdoor spaces are well-considered and practical, including a large weatherproof pergola perfect for entertaining, a rear-positioned double carport, a lock-up garage and a detached studio or storage room that adds more flexibility to this superb package.
Contact us for a priority inspection today!
Property Highlights
Large 667sqm block with rear carport, garage and studio
Newly renovated four-bedroom home with modern kitchen and bathroom
Open-plan living with bay window, new flooring and LED lighting
Ducted heating, split system AC and private office nook
Walk to schools, parks, bus stop and short drive to Parkmore Shopping Centre
For more Real Estate in Springvale South contact your Area Specialist.[Text Wrapping Break]
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Leo Widjaja, Area Specialist Victoria — reproduced as published, not verified by Districts.