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 › Ludwig St
$830,000
Last sold
10 Feb 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
530 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
$830,000
10 Feb 2024 · 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
-6.9%
Median sale
Suburb $891,500
+0.22 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 EstateEmbracing a stylish transformation in a quiet low traffic setting, this comfortable light-filled residence has been renovated throughout with care and consistency, providing modern convenience within a stroll of schools, shops, and parks.
Perched on a fully fenced 530m² corner block (approx.), the home’s crisp white façade is complemented by the verdant tones of its established frontage, revealing enticing interiors behind the terrace-style porch.
Thoughtfully configured to separate the vibrant living zone from the peaceful sleeping quarters, the relaxed layout blends calming contemporary tones with sophisticated floorboards and soft plush carpet.
To the left of the spacious entry, the large family room benefits from full-height windows and a cosy wood fireplace, flowing to a versatile air-conditioned dining zone for casual meals or indoor entertaining.
Connecting with ease, the roomy kitchen merges quality appliances with sleek stone benchtops, vivid jade green cabinets, and timber accents, providing a secondary meal space and easy laundry access.
Completing this impressive family home, all three bedrooms are generous in size and robed, sharing a beautiful revamped bathroom with decorative tiles and a large bath.
For added convenience, a second bathroom is located nearby with chic terrazzo tiles, an oversized rainfall shower, and an elegant timber vanity.
Finishing touches include ducted heating, solar panels to aid with energy efficiency, and a secure single garage.
There are also day/night blinds and curtains throughout, plus a sizeable backyard for the kids and family pets.
Making everyday life a breeze for a busy household, Athol Road Primary School and Keysborough Secondary College are within a short walk, alongside popular local parks, shops, and takeaways.
The property is also within moments of Springvale Shopping Centre, Springvale Station, and major roads for seamless city commuting.
A perfect solution for first-time homebuyers, young families, and savvy investors, there’s nothing left to do but enjoy. Contact us today for a priority inspection.
Property Specifications
• Three bedrooms, living zone with wood fireplace, dining area with split-system AC
• Spacious kitchen with stone/timber benchtops, dual fuel oven, dishwasher, meal area
• Two stylish renovated bathrooms, built-in wardrobes, plush carpet
• Ducted heating, solar panels, blinds/curtains throughout, timber-style floors
• Generous fenced garden, single garage, large open porch
• Walk to schools and parks, close to shops, train station and freeway
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 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.