Springvale at a glance
1,975
People
$1,600,000
Median sale
$728/wk
Median rent
2.37%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
NSW › Springvale › Viola Pl
$1,440,000
Last sold
21 Oct 2024
5
Bedrooms
2
Bathrooms
6
Car spaces
5,921 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
$1,440,000
21 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Springvale (last 5 years) with land size have a median of $175/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Springvale at a glance
1,975
People
$1,600,000
Median sale
$728/wk
Median rent
2.37%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Springvale
-10.0%
Median sale
Suburb $1,600,000
+0.26 pp
Gross yield
Suburb 2.37%
Suburb median $1,600,000 from 11 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 $728/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
Springvale at a glance
1,975
People
$1,600,000
Median sale
$728/wk
Median rent
2.37%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kitson PropertyWords cannot describe what awaits you at 5 Viola place, a grand residence offering the absolute complete package both inside & out. The home features 5 oversized bedrooms all with built in's, master bedroom with ensuite, walk in robe & external access via double french doors, 2nd bathroom centrally located to the other bedrooms with a 3rd toilet located alongside the laundry for ease of access from the rear entertaining. Living space is plentiful with a generous living & dinning space accompanied by a light filled gourmet kitchen, with an adjoining separate lounge/theater room. Year round comfort with ducted heating & cooling along with a slow combustion wood heater in the main living room.
Outside is nothing short of amazing from the asphalt driveway leading to the double garage & 4 car covered carport . The ½ size tennis court & cricket net all under lights with their own gazebo, a fully paved pool area overlooked by the huge entertaining area & separate rumpus room or easily converted to a self contained granny flat with a 4th toilet. Added bonus of a kids playground with flying fox. The grounds of over 1.5 acres are fully landscaped with established tree's, hedges & retainment to give full privacy & functionality of the landscape.
Properties of this caliber are tightly held & rarely offered, be quick to avoid disappointment.
*Floor plan available on request
Disclaimer: We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained herein. Prospective purchasers are advised to carry out their own enquiries to verify the information contained in this document
Listing description written by Adam Humbert, Kitson Property — 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.