Spencer Park at a glance
3,566
People
$768,000
Median sale
$575/wk
Median rent
3.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
WA › Spencer Park › Gairdner Rd
$450,000
Last sold
24 Nov 2023
3
Bedrooms
2
Bathrooms
0
Car spaces
728 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
$450,000
24 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Spencer Park (last 5 years) with land size have a median of $825/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Spencer Park at a glance
3,566
People
$768,000
Median sale
$575/wk
Median rent
3.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spencer Park
-41.4%
Median sale
Suburb $768,000
+2.75 pp
Gross yield
Suburb 3.89%
Suburb median $768,000 from 27 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 728 m² — that is not official geometry. 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $575/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. 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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 728 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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
Spencer Park at a glance
3,566
People
$768,000
Median sale
$575/wk
Median rent
3.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Merrifield Real EstateThis attractive, comfy home close to all family amenities is sure to strike a chord with a wide scope of buyers with an eye for a sound budget purchase.
Modernised and extended to answer the needs of today's families, the home has been approved for short-stay accommodation, so it's well maintained, inviting and meticulously presented.
On an elevated 728sqm block with an outlook to rural land from the front, the brick and Colorbond home has a U-shaped driveway for easy access and good off-road parking.
Inside, it's light and airy with fresh, clean décor, flooring, window treatments and tiling, so new owners can move in – or install tenants or Airbnb clients – without doing anything more.
At the front is an open, air-conditioned lounge and meals area. To one side is the kitchen with electric cooking and white cabinetry set off with striking red splashbacks.
For outdoor living, there's a good-sized undercover patio as well as a little deck for sitting in the sun and watching the children play on the lawn in the enclosed backyard.
Of the three bedrooms, one is king sized with a built-in cupboard and an ensuite shower room with a toilet and vanity. The second is a queen and the third is a huge room to easily fit three single beds. All are carpeted.
There's a bath as well as a walk-in shower in the main bathroom and the toilet is separate.
Another major advantage is the big, freestanding Colorbond shed in the backyard, perfect for stowing the big toys.
Front and back gardens are set up for easy maintenance with water-wise natives, and there's a rainwater tank as well as ample space for growing veggies.
With easy access to the beach, the property is five minutes from town and even nearer to shops, medical facilities and schools.
For owner-occupiers, this is a terrific opportunity to enjoy the benefits of a neat, well-located home. Investors wishing to continue the short-term let model will appreciate the proven track record and good revenue, and those looking for a property to rent out in the longer term, the potential for solid returns is just as attractive.
What you need to know:
- Brick and Colorbond home
- 728sqm block
- Approved for short-term accommodation
- Air-conditioned open lounge and meals area
- Kitchen with electric cooking, white cabinetry
- Covered patio
- King-sized bedroom with built-in cupboard and ensuite shower room
- Queen-sized bedroom
- Super-sized bedroom fits three singles
- Main bathroom with bath, walk-in shower, vanity
- Separate toilet
- Laundry
- Good flooring, décor, tiling, window treatments
- Big freestanding Colorbond shed
- Enclosed yard, lawn, water-wise gardens, rainwater tank
- Good off-road parking
- Five minutes from town
- Near schools, shops, park, medical facilities, easy access to beach
- Suit owner-occupier or investor for short- or long-term letting
- Council rates $2,256.69
- Water rates $1,525.99
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.