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 › Broadoak St
$846,000
Last sold
15 June 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
557 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
$846,000
15 June 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
-5.1%
Median sale
Suburb $891,500
+0.16 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 Ray White Noble Park/SpringvaleOn- Site Auction this Saturday 15th June at 3pm. Contact Chris Utley on 0421 825 338 to arrange an inspection.
Nestled in a coveted and family-oriented pocket of Springvale South, this traditional family classic is an inviting and spacious haven, providing spacious living & entertaining with plenty of scope for further modernisation and personalisation. Alongside its charming street appeal, the rectangular and spacious land provides a wealth of future growth & potential.
Step inside and be greeted by a timeless elegance with rooms of impressive dimensions and an overall blank canvas. The formal living area is inviting and warm, with its classic & solid timber flooring and plenty of natural light from its large large windows and north facing orientation.
Each of the bedrooms are generously sized and provide comfort and privacy, with the main bedroom suite boasting a private walk-in wardrobe and semi-ensuite access. The fully tiled bathroom with vanity, bathtub and shower is perfectly positioned and suitable for the entire family. Enjoy year-round comfort with the air conditioning unit and ducted heating throughout the home.
The home's kitchen is classic and central, featuring a large gas cooktop, classic timber cabinetry and an abundance of bench & cupboard space. The adjoining meals area is well sized and perfect for indoor entertaining as well as busy meal times for the family.
The laundry area provides access to a separate toilet, and overlooks the home's expansive and private backyard with plenty of space for the kids & pets to play. The addition of the covered outdoor alfresco also allows plenty of opportunity for outdoor entertaining and family gatherings!
Furthering the convenience and amenities provided outside, you and the family will love the lock-up garage, storage shed and lengthy driveway to ensure hassle-free off-street parking for additional cars, caravans, boats or trailers. With its solid construction and yesteryear charm, this home presents a canvas ripe for customization and personalisation to your heart's content!
Conveniently positioned in the heart of Springvale South, the family will love the easy distance to Athol Road Primary & Keysborough College and close proximity to Springvale South shops, Noble Park & Springvale train stations and major freeways such as Eastlink and Dandenong Bypass, accessibility to everything Melbourne offers is at your doorstep!
Don't miss the opportunity to make this home your family's cherished retreat. Embrace the warmth, charm, and endless potential that awaits within these walls. Contact Chris Utley today on 0421 825 338 to schedule an inspection.
Listing description written by Chris Utley, Ray White Noble Park/Springvale — reproduced as published, not verified by Districts.