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 › Colonsay Rd
$995,000–$1,094,500
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
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
Asking
$995,000–$1,094,500
Asking range
No recorded sale for this property.
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
+3.9%
Median sale
Suburb $958,000
-0.10 pp
Gross yield
Suburb 2.81%
Suburb median $958,000 from 103 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$60,858 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Springvale's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.7%. 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
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
UnknownVictoria 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.
Area
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 Area Specialist VictoriaIts Addressed:
Positioned in a sought-after Springvale locale, this generous two-storey residence offers the perfect blend of comfort, versatility and convenience. Families will value its placement within major school catchment zones, while being just a short stroll to Springvale Central’s vibrant cafés, restaurants, retail and dining options. The Springvale Community Hub Playground, local library, City Hall and medical precinct are all close at hand. For commuters, Sandown Park Train Station is only a two-minute walk away, with the 811 bus accessible from nearby View Road.
The residence presents a modern interpretation of brick veneer architecture with a symmetrical facade, a central gabled portico supported by twin columns and a first-floor balcony. Light-coloured trim highlights the large vertically proportioned windows, while a brick and wrought-iron fence provides a defined street presence. The home sits on its own driveway with ample off-street parking, vehicle access gates, a secure front fence, a concreted low-maintenance yard and rooftop solar panels.
Inside, high ceilings and modern LED down lights enhance the open-plan design, complemented by ducted heating, Reverse Cycle AC and a mix of luxe timber-look laminate flooring, ceramic tiles and plush carpet. Multiple living areas include a separate lounge, a children’s rumpus room and a light-filled enclosed alfresco that functions as a sunroom. Security cameras add peace of mind.
The kitchen is well-equipped with a breakfast island, shaker-style cabinetry, 40mm laminate counter tops, a traditional tiled splash-back, a 900mm oven with gas burner cooktop, a dishwasher, contemporary mixer tap-ware and generous cabinet storage.
Four bedrooms all feature built-in robes, with the master bedroom offering a private ensuite and walk-in robe. Both the ensuite and the main bathroom are finished with 2000mm high wall tiles, stone-top vanities and quality fixtures, while the main bathroom also includes a tiled hob bathtub and a dual vanity. A guest powder room provides added convenience.
Contact Art Sudharm on 0403 571 245 for a priority inspection today. There is an Art to buying.
Property Specifications:
Grand 4 bedrooms house with no body corporate & no common area
Multiple living areas plus enclosed alfresco sunroom
Kitchen with breakfast island and 900mm oven
Rooftop solar panels, secure front fence and off-street parking
Single lock-up remote garage plus vehicle access gates
Highly-sought after location, distance to Springvale Central
For more Real Estate in Springvale 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.