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 › Rickson Ct
$799,000–$849,000
For sale
Asking range
5
Bedrooms
3
Bathrooms
2
Car spaces
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
Asking
$799,000–$849,000
Asking range
No recorded sale for this property.
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
-10.4%
Median sale
Suburb $891,500
+0.34 pp
Gross yield
Suburb 2.97%
Suburb median $891,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$48,684 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Springvale South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
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 VictoriaIts Addressed:
Perfectly positioned for family convenience, this welcoming home sits within the Keysborough Primary School and Keysborough Secondary College catchments. Local shops and dining along Springvale Road are close by, with a shopping centre nearby and Glassford Avenue Reserve just a short stroll away. The 824 bus on Leons Road and Paterson Road provides easy public transport, with Noble Park Train Station a short drive away. Easy access to the Dandenong Bypass enhances connectivity.
Offering character and versatility, this late 20th century suburban dwelling combines brick veneer construction with thoughtful additions. Broad eaves and tall rectangular windows define the original low-set form, while the upper extension introduces horizontal cladding. An adjoining granny flat features light coloured weatherboards, large front facing windows and external awnings. Extensive paving, open lawn and established trees complete the exterior.
Warm and welcoming, the home offers an open-plan layout complemented by a separate lounge room and upstairs rumpus room, creating wonderful flexibility for families to relax and spend time together. Polished timber hardwood floors, ceramic floor tiles and plush carpet bring warmth and comfort, while classic pendant lighting, ceiling fans and natural light enhance the inviting atmosphere. Reverse cycle AC ensures comfort, with sun blinds and curtains throughout.
The kitchen features 40mm wooden benchtops, a contemporary tiled splashback and a 600mm oven with gas burner cooktop. A gourmet rangehood, dishwasher and soft-close finger-pull cabinetry provide the storage needed for growing families.
Generous accommodation includes five bedrooms with built-in robes, while a separate granny flat provides an appealing additional one-bedroom self-contained living option. Providing for extended families or for a separate income stream, the granny flat features luxe timber-look laminate floorboards, reverse cycle AC and classic pendant lighting alongside its own kitchen with 40mm wooden benchtops, a 600mm gas burner cooktop and oven, and gourmet rangehood.
The primary dwelling offers three bathrooms plus a guest powder room. The ensuite features a semi-frameless shower while the main bathroom includes full-height wall tiles, a tiled hob bathtub and a framed opaque shower.
Perfect for buyers seeking space and versatility, the large yard provides plenty of room to enjoy, alongside low-maintenance landscaping, an external storage shed and abundant off-street parking. Combined with the flexible granny flat accommodation and generous choice of living zones, this welcoming Springvale South home offers an inviting setting for comfortable family living.
Contact us today to arrange a priority inspection.
Property Specifications
Five bedrooms plus self-contained one-bedroom granny flat accommodation
Open-plan living, separate lounge and upstairs rumpus room
Granny flat with kitchen, bathroom and reverse cycle AC
Large yard, storage shed, low-maintenance gardens and ample parking
For more Real Estate in Springvale South contact your Area Specialist.
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 Dee Kawsar, Area Specialist Victoria — reproduced as published, not verified by Districts.
Victoria 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.