Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
VIC › Springvale › Hanleth Ave
$978,000
Last sold
26 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
537 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
$978,000
26 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Springvale (last 5 years) with land size have a median of $1,584/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale
+2.5%
Median sale
Suburb $954,000
-0.07 pp
Gross yield
Suburb 2.82%
Suburb median $954,000 from 104 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
UnknownArea
Springvale at a glance
24,563
People
$954,000
Median sale
$518/wk
Median rent
2.82%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coco Ma Real EstateThis classic brick veneer home sits in a tightly held pocket of Springvale just a short walk from Springvale Plaza Shopping Centre, Burden Park and Spring Parks Primary School. The property enjoys an ideal north-facing orientation and sits within St Joseph Primary and Kilester College school zone. Bus services including the 811, 814 and 979 routes are all just moments away on Heatherton Road, offering convenient transport links.
Architecturally, the dwelling reflects the suburban style of the 1950s and early 1960s, presenting a red brick facade with dark soldier-course accents and a prominent angled window bay. Original steel-framed windows, fitted with external roller shutters, maintain the streamlined character of the home, while the elevated porch, low brick fence and decorative metalwork gates enhance its period charm. The garden is consistent with the era, featuring established fruit trees and landscaping.
A long gated driveway leads to the rear yard, where you’ll find an oversized single lock-up garage and an external storage shed. The property is neatly landscaped for low maintenance, offering immediate liveability with scope to enhance or develop (STCA).
Inside, the property is in good condition with high ceilings, detailed cornices and a spacious floor plan offering plenty of potential for updates or renovation. The lounge room is an authentic time capsule, complete with bold patterned wall-to-wall carpet, timber-framed windows, mosaic-tiled hearth and a gas heater set beneath a timber mantle. Natural light flows into the living areas and a wall-mounted AC to the dining room ensures added comfort.
The kitchen adjoins a casual meals area and features timber shaker-style cabinetry, 40mm rounded-edge laminate counter tops, a freestanding 600mm electric oven with gas burner cooktop and mixer tap-ware. A breakfast nook for two adds functionality and natural light brightens the space throughout the day.
All three bedrooms are generously proportioned, two include built-in robe storage. The bathroom presents in clean original condition with an aqua-toned tiled hob bathtub, opaque glass shower recess and vanity unit. A separate toilet and internal laundry complete the functional layout.
Property Specifications
• Original three-bedroom post-war brick veneer with solid features
• Wall heater, AC to dining, steel-framed windows with shutters
• Oversized single lock-up garage and external storage shed
• Prime location near shops, parks, schools and public transport
• Walking distance to Aldi, restaurants and professional suites
• Excellent renovation or investment potential on a 537m² block
For more Real Estate in Springvale, 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.
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.