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 › Lucian Ave
$620,000–$680,000
For sale
Asking range
2
Bedrooms
2
Bathrooms
1
Car spaces
169 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
Asking
$620,000–$680,000
Asking range · $3,669/m² of land
No recorded sale for this property.
Local land rate: recorded Townhouse sales in Springvale (last 5 years) with land size have a median of $4,785/m² of land (n=4). 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
-35.3%
Median sale
Suburb $958,000
+1.53 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.
$37,525 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 4.3%. 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 @realty*** UNIT 1,2,3,8 SOLD ***BY *** VIET HA 0406 246 384
++ READY TO MOVING IN NOVEMBER - 2024 ++
Don't miss this opportunity to secure one of eight exclusive townhouses, benefiting from the Victorian Off-the-Plan Stamp Duty Concession. By purchasing off the plan, you may qualify for valuable duty savings. Anyone buying an apartment, unit or townhouse off-the-plan can claim the concession – not just first home buyers and owner-occupiers Thresholds will be removed so the concession is available for apartments, units and townhouses of any value
Lock in today's price and enjoy potential appreciation in value, with an estimated completion date of November 2024.
Owner & Director of VIET HA SEPG
Viet Ha is proud to present this lovely house, which will appeal to both first-time buyers, investors or own business. This is your chance to own an impeccable, turn-key house in Springvale. Every imaginable inclusion has been considered to guarantee that this home gives an easy and comfortable lifestyle
THE GOOD BITS
Welcome to your dream townhouse in the heart of Springvale, where luxury meets convenience. This stunning property offers the perfect blend of modern living and a peaceful suburban lifestyle. As you step inside, you will be greeted by a warm and inviting atmosphere, making you feel right at home.
WHAT YOU’LL LOVE
Located in the highly sought-after suburb of Springvale, this townhouse is the epitome of style and sophistication. With only a short distance to local shops, schools, and public transport, this is the ultimate opportunity to live in one of Victoria's most desirable areas.
Boasting 2 bedrooms and 2 bathrooms, 1 study, including an ensuite, this townhouse is perfect for couples, small families, or investors looking to add to their portfolio. The spacious bedrooms are filled with natural light, creating a serene and tranquil ambiance. The master bedroom features a private balcony, perfect for enjoying your morning coffee or a glass of wine in the evening.
The outdoor area is an entertainer's delight, with a large balcony and an outdoor entertainment area, ideal for hosting family gatherings or BBQs with friends. The secure parking and fully fenced yard provide you with peace of mind and privacy. Plus, the added convenience of a remote garage and sheds for extra storage.
Step inside, and you will be amazed by the sleek and modern design of this townhouse. The indoor features are sure to impress, with an alarm system, broadband internet access, and a study, perfect for those working from home. The stunning floorboards add a touch of elegance to the living space, making it the perfect place to relax and unwind.
The double storey design of this property allows for maximum space and privacy, with a workshop on the lower level for those who love to tinker or need a space for their hobbies. This townhouse truly has it all, offering both luxury and practicality.
Stay comfortable all year round with the split system air conditioning, open fireplace, and ducted heating. You can also feel good about reducing your carbon footprint with the eco-friendly feature of a water tank, helping you save money and the environment.
Don't miss this rare opportunity to own a piece of Springvale's finest real estate. This townhouse is vacant, making it the perfect investment opportunity with an attractive rent per week $600 - $650/ per week. Or if you are looking for your forever home, the current tenants can move out for you to move in and make it your own.
Words cannot do justice to the beauty and elegance of this townhouse. Book an inspection today and see for yourself why this property is the talk of the town. Don't wait, make your dream of living in Springvale a reality.
Property features include:
LOCAL AMENITIES
PRIMARY SCHOOLS
* Heatherhill Primary school - 2.8km
* Springvale Rise Primary school - 1.9 km
SECONDARY SCHOOLS
* Wellington Secondary school - 2.7km
* Westall Secondary School - 2.9km
* Keyborough Secondary School - 3.4km
PUBLIC TRANSPORT
* Springvale Railway Station - 1.0km
SHOPPING
* Springvale plaza shopping Centre - 2.8km
* Springvale Shopping Centre - 1.2km
PARKS & REC.
* Norman Luth Reserve - 2.5km
* Burden Park - 2.3km
Our rental department has appraised this property for $650 - $700/week
IT SIMPLY WON’T LAST LONG, MUST BUY TODAY
To arrange please contact Viet Ha 0406 246 384 inspect today, open 7 days /week
ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.
VIET HA prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.
Listing description written by Viet Ha, @realty — reproduced as published, not verified by Districts.
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