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 › Silvan Ave
$1,010,000
Last sold
26 Sept 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
596 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
$1,010,000
26 Sept 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
+5.9%
Median sale
Suburb $954,000
-0.15 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 Barry Plant Noble Park / KeysboroughWhat a great opportunity to capture this exciting family home, owned since 1967 by the current owners and available for the very first time for sale in 58 years.
Positioned in a great location in a very popular pocket of Springvale – on the famous Springvale Market side of Springvale Road, it is nestled in the heart of the suburb and within a short distance of all central facilities. You will love the level and rectangular allotment of a very generous 596m2 (approx.), positioned on a quiet street with similar family homes surrounding it.
With mature trees flanking the front boundary a long driveway leads you onto the property providing plenty of off-street parking space. A pathway leads to a welcoming covered porch and then on into the home where you are greeted by the formal entry.
Step to the right and into the warmth of the nicely carpeted lounge with wall air conditioner. Light and bright with a large window providing vistas to the front gardens and driveway, enabling you to see when guests arrive. There is an abundance of space here providing for comfortable and relaxed living.
The lounge room connects to the tiled meals area which adjoins the kitchen complete with great cabinetry, gas hot plates, rangehood, wall oven and double sink. A great window from the kitchen provides vistas to the huge undercover alfresco area which can be accessed from the hallway beside the kitchen.
A hallway from the entry provides access to all three spacious bedrooms, which all have built-in robes, with the family bathroom and separate toilet situated conveniently alongside.
Stepping outside and beyond the brilliant alfresco area the large backyard stretches out before you. This area is ideal for the young family and is sure to provide countless hours of fun for the family kicking a soccer ball or enjoy barbeques with family and friends all year long!
A large bungalow provides a huge bonus, nicely tiled, with pine lined ceilings and complete with its own kitchen. An ideal living space for a family member seeking some space and independent living.
For climate comfort there is ducted heating as well as the wall air conditioner in the lounge. A double deep carport leads to a single lock up garage rounding out this complete family package.
A once-in-a-life-time opportunity in a sought-after location not to be missed. Be sure to inspect and come prepared to buy – you will be glad you did.
Terms:10% Deposit. Balance: 30/60 Days
Photo I.D. required at all inspections.
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Listing description written by Tim Stickley, Barry Plant Noble Park / Keysborough — 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.