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VIC › Springvale South › Springvale Rd

Lot 54 Springvale Rd, Springvale South VIC 3172

For saleTownhouse

$904,950

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

159 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $904,950 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $904,950(Listing record · 8 Oct 2024)
  • CalculationRecorded Townhouse sales in Springvale South (last 5 years) with land size: median $4,160/m² of land (n=4). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 2% above the Springvale South median recorded sale ($891,500, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Springvale South's advertised median rent ($509/wk), implied gross yield would be 2.92% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$904,950

Asking · $5,692/m² of land

No recorded sale for this property.

Local land rate: recorded Townhouse sales in Springvale South (last 5 years) with land size have a median of $4,160/m² of land (n=4). 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

+1.5%

Median sale

Suburb $891,500

-0.05 pp

Gross yield

Suburb 2.97%

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

Total cost to purchase

Purchase Price
$904,950
Stamp Duty (Victoria)
$49,367
Transfer/Registration Fee
$2,220
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$960,237

$55,287 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Springvale South's advertised median rent — not a rent for this listing.

Net yield
1.42%
Annual cashflow (pre-tax)
$-34,164
Interest cover (DSCR)
0.27
Annual rent
$26,468
Operating expenses
$13,574
Loan amount
$723,960
Annual interest
$47,057
Gross yield
2.92%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$904,950available8 Oct 2024

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

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Springvale Rd →

Listing material

Listed by Lynda White Real Estate

Luxurious Living in Springvale South

Discover luxurious modern living at Lot 54 Springvale Road, Springvale South. This exquisite townhouse and land package features the 'Verona' design, nestled in the prestigious and highly sought-after Roselle Estate.

The 'Verona' design is a masterpiece of architectural brilliance, boasting top-quality fixtures and fittings. With charming and serene elements, this contemporary home offers bright and light living areas, an immaculate finish, and seamless indoor and outdoor entertaining spaces.

The stunning, generous-sized bedrooms ensure every family member has a comfortable and stylish retreat. Every detail of this home has been meticulously considered to provide the ultimate in comfort and elegance.

Read the full description

Located in the vibrant community of Springvale South, this property provides easy access to renowned local schools, including Spring Parks Primary School, Keysborough Secondary College, and Killester College. Enjoy the convenience of nearby parks, excellent public transport options, and shopping centres such as Springvale Shopping Centre, Parkmore Shopping Centre, and Keysborough South Shopping Centre. With easy access to the Monash Freeway and Eastlink, the Melbourne CBD is just a 30-minute drive away, offering unparalleled convenience for city commuters.

'Verona' Turnkey Inclusions:

• Architectural façade

• 2590mm Ceiling heights to ground floor

• 20mm Stone benchtops including waterfalls (Design specific)

• 20mm stone benchtop to ensuite and bathroom

• Fisher & Paykel Kitchen appliances including dishwasher

• Mirrored splashback to kitchen

• Coloured concrete driveway and front path

• Flooring timber laminate and carpet

• Tiled shower bases

• Colorbond sectional garage door with duel remotes

• Ensuite, bathroom and toilet accessories

• Sliding robe doors

• Landscaping to front and rear including letterbox, clothesline and fencing

Now included is $15,000 in FREE Upgrades! Receive the below free of charge:

• 900mm appliances to kitchen in lieu of standard

• 2x additional split system units

• 40mm stone to kitchen and all wet areas

• Undermount kitchen sink

• Alarm Reliance 8 with 3 sensors keypad at entrance

• Tiled shower niche to ensuite

Contact Lynda White on 0405 038 888 for more information today!

Listing description written by Lynda White, Lynda White Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Study
  • Toilets: 2
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.