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 › Lewis St
$977,000
Last sold
13 Sept 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
604 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
$977,000
13 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
$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
+2.0%
Median sale
Suburb $958,000
-0.05 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 Barry Plant Noble Park / KeysboroughSituated in a highly sought-after pocket of Springvale, this well looked-after weatherboard home presents an excellent opportunity for families, investors, or developers. Sitting on a generous 604sqm (approx.) allotment, the property offers scope to build another dwelling at the rear (STCA), making it a versatile investment in a prime location.
The existing home comprises three bedrooms plus a sunroom, a large living area, an original kitchen and bathroom, and a spacious backyard. With a double garage, plenty of storage, and a well-maintained interior, it is perfect for immediate living while you plan for the future.
Positioned within walking distance of Warner Reserve, local eateries, specialty shops, and the renowned Minaret College. Families will appreciate close proximity to St John Vianney's Primary School, Springvale Rise Primary School, and Westall Secondary College. Shopping is made easy with Springvale Central, Springvale Homemaker Centre, M-City Shopping Centre, and Monash University all nearby, plus effortless commuting via Springvale Station, Princes Highway, M1 Freeway, and Eastlink.
Whether you're looking to live in, lease out, or redevelop, this property offers endless possibilities in a prime Springvale location.
Terms: 10% deposit. Balance 30/45/60 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 E Sha Hat, 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.