Springvale at a glance
24,563
People
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
VIC › Springvale › Charlton St
$1,200,000
Last sold
28 May 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
1,292 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
$1,200,000
28 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Springvale (last 5 years) with land size have a median of $1,600/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Springvale at a glance
24,563
People
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale
+25.3%
Median sale
Suburb $958,000
-0.57 pp
Gross yield
Suburb 2.81%
Suburb median $958,000 from 103 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 $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.
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 at a glance
24,563
People
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Noble Park / KeysboroughA much-loved home offered for the first time in over 50 years, this is a truly rare dual-edged opportunity-move in and enjoy a beautifully built, spacious residence, or unlock the site's outstanding potential for dual occupancy or full redevelopment (STCA). Set on an extraordinary parcel of approximately 1,292m² in a peaceful, tightly held cul-de-sac, the possibilities here are as impressive as the home itself.
Perfectly positioned in sought-after Springvale North, right on the border of Mulgrave, this location offers exceptional convenience. You're moments from Wellington Secondary College, the Police Road shopping strip, and within easy reach of Springvale, Glen Waverley, and Monash University.
The home itself is solid as a rock-built with care, craftsmanship, and pride. Stepping inside, you're welcomed by a grand entry foyer with double doors, setting the tone for the space and elegance throughout.
A large formal lounge with beautiful parquetry flooring provides a warm and inviting place to relax, while the adjoining formal dining room-complete with split system air conditioning-is ideal for hosting family dinners and special occasions. The spacious meals area captures full views of the expansive backyard and connects seamlessly to the impressive kitchen, featuring gas hotplates, rangehood, wall oven, dishwasher, and an abundance of overhead storage.
Downstairs also offers flexibility with a bedroom or home office, a shower room, powder room, and generous storage options.
Upstairs, you'll find three oversized bedrooms, including a master with a spacious walk-in robe, while the remaining bedrooms feature full-wall built-in robes. A large central bathroom includes both bath and shower, with a separate toilet complete with its own hand basin and bidet.
The double garage provides internal access and features high roller doors-ideal for larger vehicles-while a substantial storage area behind and an additional 9-metre-deep carport add even more practicality.
Set on a massive allotment, the home is framed by a striking palm tree that gives the front yard a unique, botanical garden feel. The site offers incredible scope, with potential for a second driveway extending past this feature into the backyard.
Whether you're considering dual occupancy (STCA), additional shedding for trades or storage, or creating the ultimate lifestyle property with a pool or even a pickleball court-the possibilities here are truly endless.
Complete with a covered alfresco and additional shedding, this is a property that blends immediate comfort with enormous future potential.
A rare offering. A massive landholding. An opportunity not to be missed.
Terms: 10% Deposit. Balance 30/60 Days
Photo I.D. required at all inspections.
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Listing description written by Tim Stickley, Barry Plant Noble Park / Keysborough — reproduced as published, not verified by Districts.