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VIC › Springvale South › Spring Rd

66 Spring Rd, Springvale South VIC 3172

House

$920,000

Last sold

17 June 2025

5

Bedrooms

3

Bathrooms

4

Car spaces

545 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $920,000 (17 June 2025).(Recorded sale)
  • FactLand 545 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Springvale South (last 5 years) with land size: median $1,566/m² of land (n=75). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$920,000

17 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Springvale South (last 5 years) with land size have a median of $1,566/m² of land (n=75). Districts calculation from recorded sales — not a valuation.

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.

See the full Springvale South report →

Vs Springvale South

+3.2%

Median sale

Suburb $891,500

-0.09 pp

Gross yield

Suburb 2.97%

Suburb median $891,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknowncompleted18 June 2025
  2. Sold$920,00017 June 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Springvale South in one glance

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.

See the full Springvale South report →

Keep researching

  • Why Springvale South? Read the area thesis →
  • What else is on the market in Springvale South →
  • Other records on Spring Rd →

Listing material

Listed by Area Specialist Victoria

The Brief: Spacious five-bedroom home, multiple living areas, opposite Spring Valley Park (17.1m wide frontage)

The Addressed:

Proudly positioned on one of Springvale South’s most desirable stretches, this expansive two-storey family residence offers a rare blend of multi-zoned living, classic character and convenience. Directly opposite the expansive green spaces, walking tracks and sporting fields of Spring Valley Park, the home also places you within walking distance of Spring Parks Primary School and in the catchment for Keysborough Secondary College. The 814 bus stop is right outside your door, with Killester College and Springvale’s bustling retail precinct only a short drive away.

Typical of late 20th-century suburban development, the home combines a cream brick base with a weatherboard-clad upper storey. A low brick fence and wrought iron gates enclose a long concrete driveway that leads to a rear-positioned double lock-up garage. Mature trees provide privacy and shade across a low-maintenance yard, completing the home’s authentic and welcoming street presence.

Read the full description

The layout is highly functional for large or extended families, with open plan living and dining, a family room adjoining the kitchen and a separate upper-level retreat. Tree-lined views and classic finishes like pendant lights, wall sconces and timber hardwood flooring lend warmth and charm throughout. Climate control is well covered with multiple air conditioning units and ceiling fans across both levels.

The kitchen presents in neat original condition, featuring a tiled splash-back, dishwasher, wall-mounted electric oven and gas cooktop. A three-seater breakfast nook sits beneath a ceiling fan, and 40mm laminate countertops and ample cabinetry provide space and function for daily meals or entertaining.

Five well-proportioned bedrooms are spread across the two levels. The ground floor includes three bedrooms, one of which is a generous master suite with an adjoining retreat and private ensuite. Two more bedrooms are located upstairs, offering separation and flexibility. All include built-in robes. The bathrooms and wet areas maintain their original charm with spindle tapware, brass highlights and a tiled hob bathtub in the main.

With a covered pergola perfect for outdoor BBQs and space to modernise at your pace, this property offers both immediate comfort and long-term potential in a sought-after parkside setting.

Contact Art Sudharm on 0403 571 245 for a priority inspection today. There is an Art to buying.

Property Highlights:

• Parkside location opposite Spring Valley Park with leafy views

• Five bedrooms, multiple living zones, split systems and two-storey flexibility

• Covered BBQ pergola, two driveways and a double lock-up garage

• Distance to all amenities, buses and just minutes from Springvale Central, shops, cafe, convenient stores and major primary and secondary schools

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 Art Sudharm, Area Specialist Victoria — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.