Springvale at a glance
24,563
People
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
VIC › Springvale › Sandown Rd
$1,155,000
Last sold
27 Aug 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
878 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
$1,155,000
27 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Springvale (last 5 years) with land size have a median of $1,600/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Springvale at a glance
24,563
People
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale
+20.6%
Median sale
Suburb $958,000
-0.48 pp
Gross yield
Suburb 2.81%
Suburb median $958,000 from 103 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
$958,000
Median sale
$518/wk
Median rent
2.81%
Suburb gross yield
Median sale from 103 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Noble Park/SpringvaleOnline Auction Wednesday 27th August @ 6pm. For auction registration and link to view, contact Alan Tran on 0402 268 872.
Situated on a substantial 878m² (approx) allotment in the heart of Springvale, this classic period home presents an incredible opportunity for home buyers, renovators, developers, or savvy investors looking to capitalise on a thriving location. Whether you're seeking a home to make your own, a site for a multi-unit development (STCA), or a smart addition to your investment portfolio, this property ticks all the boxes.
The home welcomes you with a long, private driveway leading up to a secure lock-up garage, offering ample off-street parking for multiple cars, a trailer or even a caravan. Step inside to find a carpeted living room bathed in natural light through large windows, complete with an heating for year-round comfort. The living space flows seamlessly into the adjoining dining area, creating the perfect zone for entertaining or family dinners.
The kitchen, while classic in style, offers generous proportions, a stainless steel double sink, plenty of cupboard space and lovely views out to the backyard. All three bedrooms are well-sized and enjoy large windows that flood each room with sunlight, while bedrooms two and three are carpeted for added comfort. The central bathroom is neat and functional, offering a stand-up shower, toilet, and single vanity, ready for a modern update.
Outside, the undercover patio provides a quiet retreat or a great space to entertain family and friends. From here, you can access the separate laundry and a second toilet, adding flexibility and convenience. The expansive backyard is perfect for kids and pets to run and play, while a handy garden shed offers extra storage.
Perfectly positioned just minutes from the vibrant Springvale Central, the train station, and an array of local shops, markets, restaurants and cafés, this home also enjoys easy access to quality schools including Springvale Rise Primary and St Joseph's Catholic Primary. Sandown Road Playground is only a minute away, with major arterials such as Princes Highway and Monash Freeway just a short drive, making daily commuting a breeze.
Packed with potential in a highly sought-after location, this is an opportunity not to be missed. Enquire today and unlock the future at 49 Sandown Road, Springvale.
Listing description written by Alan Tran, Ray White Noble Park/Springvale — 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.