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 › Gove St
$993,000
Last sold
22 Nov 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
585 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
$993,000
22 Nov 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
+4.1%
Median sale
Suburb $954,000
-0.11 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 EstateWelcome to 47 Gove Street, Springvale — where space, style and modern living come together to create the perfect family haven. Designed for comfort and built for connection, this beautifully presented three-bedroom home is filled with natural light and timeless character, offering the perfect blend of everyday functionality and easy entertaining.
Step inside and feel instantly at home. The spacious air-conditioned living room sets the tone, highlighted by a charming feature brick wall and warm timber-style flooring that flows seamlessly throughout. Multiple living zones give the family flexibility — whether it’s quiet nights in, lively dinners, or weekend gatherings, there’s space for everyone to relax and enjoy.
The modern kitchen will impress with its sleek cabinetry, glass splashback, and generous breakfast bar — a true centrepiece for home cooking and conversation alike.
A huge family room offers endless possibilities — a second lounge, kids’ play zone, home office or even space for a grand piano — the choice is yours.
Step outside to a backyard built for entertaining and enjoying the sunshine. With plenty of lawn space for children or pets to play, plus a gated double carport and extra parking, this home balances practicality with personality in every corner.
Perfectly located near Springvale Rise Primary School, Wellington Secondary College, and local parks, shops and transport, this is the best bet you’ll make this spring.
Property Highlights:
• Three spacious bedrooms filled with natural light
• Two large living zones, including a family room with endless flexibility
• Air-conditioned living room with a feature brick wall
• Modern kitchen with glass splashback, breakfast bar and ample storage
• Dark timber-style flooring throughout for a touch of warmth and style
• Expansive backyard perfect for entertaining or family fun
• Double carport at the front, plus a secure double garage behind gates, with additional off-street parking
• Zoned for Springvale Rise Primary and Wellington Secondary College
• Reliable NBN Hybrid Fibre Coaxial and 5G mobile coverage
A home that blends modern comfort with everyday practicality — ready for a family to move in, spread out and start making memories.
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/tenants 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.