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 › Stephenson St
$680,000–$748,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
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
$680,000–$748,000
Asking range
No recorded sale for this property.
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
-28.7%
Median sale
Suburb $954,000
+1.14 pp
Gross yield
Suburb 2.82%
Suburb median $954,000 from 104 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.
$41,265 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 4.0%. 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
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 @realtyTHE GOOD BITS
Discover contemporary living at its finest in this meticulously designed double-storey townhouse, nestled in the vibrant heart of Springvale. This stunning 3-bedroom, 2-bathroom, 3 toilets residence showcases the perfect blend of modern comfort and sustainable living, making it an exceptional find in Melbourne's sought-after southeastern suburbs.
WHAT YOU’LL LOVE
Step inside to experience a thoughtfully crafted interior where style meets functionality. The master bedroom features a private ensuite and built-in wardrobes, while two additional bedrooms provide comfortable accommodation for family members or guests. Polished floorboards flow throughout, creating a seamless and sophisticated atmosphere.
This home is a testament to modern convenience with its impressive array of features:
- Comprehensive climate control with ducted cooling and split-system air conditioning
- Eco-friendly additions, including solar hot water and a water tank
- Premium indoor amenities featuring a study and ducted vacuum system
- Security-minded features, including an alarm system and secure remote garage for two vehicles
- The outdoor living spaces have been expertly designed for the Australian lifestyle, offering multiple entertainment zones:
- Expansive deck perfect for alfresco dining
- Private courtyard with low-maintenance landscaping
- Fully fenced yard with a garden shed
- Entertainment area ideal for year-round gatherings
- Located just 22 km from Melbourne's CBD, this property offers exceptional connectivity with Springvale Railway Station nearby and multiple bus routes at your doorstep. The multicultural hub of Springvale provides a vibrant atmosphere with renowned Asian eateries, markets, and shopping precincts.
For families, the location presents excellent educational options, including Springvale Rise Primary School and St Joseph's Primary School. Sports enthusiasts will appreciate the proximity to the prestigious Sandown Raceway, while nature lovers can enjoy various parks and recreational spaces in the area.
Modern comfort meets sustainable living in this impressive townhouse, where every detail has been considered to create an ideal contemporary home. The combination of premium features, location convenience, and thoughtful design makes this property an outstanding opportunity for those seeking a superior lifestyle in Melbourne's southeast.
With its blend of indoor comfort and outdoor entertainment spaces, this property presents a rare opportunity to secure a home that truly delivers on both style and substance. The eco-friendly features not only contribute to sustainable living but also offer potential savings on utility costs, making this an intelligent investment for the future.
The property’s location provides easy access to essential amenities:
- Minutes to Springvale Shopping Centre
- Close to multiple public transport options
- Easy access to Monash Freeway
- Near sporting facilities and recreational areas
*** and so much more!
Our rental department has appraised this property at $750/week ($39,107/year).
To arrange an inspection, please contact:
Viet Ha: 0406 246 384
Hani Nguyen: 0423 091 620
Open 7 days a 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 information.
Listing description written by Viet Ha, @realty — 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.