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 › Millman Rd
$680,000
Last sold
24 May 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
390 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
$680,000
24 May 2019 · 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
-40.2%
Median sale
Suburb $1,137,000
+2.32 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
UnknownArea
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 EstateHere at McLaren we understand that your family is the most important thing in your life, and finding the perfect home to provide for them is one of the hardest decisions you can make. Lucky for you, we can help make that choice simple. 39 Millman Road is a four-bedroom, 24 square home that will let you spend less time worrying and more time enjoying life. It is suitable for young families looking to raise little ones, or anyone with a healthy desire for safety and reliability. This property is a real diamond, comparatively superior to any similar houses in the area. Do the right thing by your family and get more for less with this Spring Farm prize.
This property has received extra planning and forethought to deliver a quality, desirable home that will provide for your family’s needs. One of the key aspects of 39 Millman, that the prior owners have highlighted as a major factor in their love of the house, is its focus on safety, security, and stability. This property features a solid alarm system, a plethora of LED downlights, security screens and reinforced, windows for your peace of mind. In addition, its close proximity to Spring Farm Public School means there will be no stress in regard to little ones getting to and from school. Your peace of mind is one of this property’s greatest offerings.
The house itself comes with all the bells and whistles you’ve come to expect, with a little bit extra that will make you smile. The remote-controlled double garage with roof access, combined with easy to maintain gardens and greenery, and tiled, undercover alfresco entertainment area, with accompanying gas point, all make for a simple, stress free lifestyle.
Inside, you’ll find the main bedroom by the front door, isolated away from the noise and bustle of the remaining three bedrooms, for some much needed peace and quiet. The main bedroom is carpeted, and features standard ducted air conditioning, an ensuite with floor-to-ceiling tiling, slow closing cabinetry, a feature wall tiling, a corner shower with large shower head, and a light/fan/heat combo. The main is also well supplied by a walk-in wardrobe space, with plenty of storage options. On the other side of the house, the three bedrooms are also carpeted, feature ducted air conditioning, and built in wardrobes with sliding double doors. The bedrooms are provided for by the main bathroom, which features a large vanity and all the features of the en suite, as well as a separate bath. The laundry, which is nearby, comes with side access as well as a double sliding door linen in the hallway
The rest of the house is what really elevates it to a quality, engaging family home. Follow the modern, oversized tiling and high ceilings from the entrance hallway into the vast, expanded open plan kitchen and living/dining areas. The gorgeous, enormously high half-vaulted ceiling creates an air of spaciousness and superiority not easily found in other properties. The gorgeous kitchen features an island benchtop with overhang for family breakfasts, as well as space for a double fridge, plenty of soft close cabinetry, a 900mm Emilia stovetop and oven with warming tray, a Miele Immer Besser dishwasher, and a large walk in pantry.
Though mornings might be dominated by the kitchen and family spaces, your afternoons are well provided for by the media room. The media room features a sliding double door, TV access, and is also carpeted, comfy and neat for your satisfaction.
39 Millman has a lot to offer for families seeking security, peace of mind, and superior family living. If you’re looking for an above-standard home purchase, then this is the house for you.
Other Features Include:
• Land size – 390 square metres
• Proximity to Spring Farm Public School
• Gas points indoors and out
• Ducted air con
• Backlit light switches
• Improved security
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 Garth Muller, McLaren Real Estate — reproduced as published, not verified by Districts.
NSW 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.