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 › Gamble Green
$720,000
Last sold
28 Apr 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
581 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$720,000
28 Apr 2026 · 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
-6.2%
Median sale
Suburb $768,000
+0.26 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 scheme
ALBANY
Zone
Residential
1
Jurisdiction
Albany
Albany, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 581 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.
Flood overlay has not been queried for this lot. 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.
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.
2 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 581 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 appealing home in a quiet location at the end of a cul-de-sac is sure to attract a wide scope of buyers for its location, practical features, versatility and price.
New owners snapping up this property will love the easy lifestyle and access to amenities – it's only a few minutes from the beach and the city, with schools, the golf course, recreation areas, medical facilities and shops a short drive or bike-ride away.
Built of brick veneer with an iron roof, the house sits on a 581 sqm deep sewered block with lawns and low maintenance gardens at the front and a private, fenced back yard for children's playtime and pets.
Inside, the accent is on comfort, with an open-plan living and dining area fitted with convenient air conditioning and a wood fire – everyone in the great southern loves a wood fire!
Through glazed doors from the hub of the home is a paved, roofed patio for family barbecues and casual outdoor entertaining.
With smart ivory cabinetry and contrasting latte benchtops, a gas cooktop and wall oven, the kitchen is a good-sized space and overlooks both the indoor and outdoor living areas.
The home has three double sized bedrooms, all carpeted, and two have floor to ceiling height windows fitted with roller shutters for complete blockout and security – perfect for shift workers needing to sleep during the day.
There is a fourth large carpeted room which is currently being used as a king sized bedroom. There is additional space to one side which could be utilised as a dressing room, nursery or study. It's large enough to install a second toilet or full ensuite – a great way to value add. For families needing only three bedrooms, this could room make a terrific kids' play area, formal lounge, games room or hobby room.
The family bathroom is convenient to most of the bedrooms, as is the separate toilet and laundry with sliding door to outside.
A single garage at the side has an undercover walkway to the home and drive-through access to the back yard for stowing the trailer or for firewood deliveries.
Green-thumbed owners will have plenty of scope for growing veggies and herbs, while the native plantings, roses, orange tree and vibrant bougainvillea in the front garden need less attention.
Sound fittings and fixtures, security screens on external doors and a rainwater tank are other advantages of this property, which will appeal to owner-occupiers as well as investors looking for a profitable rental in good shape.
This property is currently leased at $560 per week until 30/07/2026, however an earlier date for vacant possession may be possible. Please raise this matter with the agent if it's of interest.
Inspections are to be held by appointment only. Don't hesitate to contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au to book in your inspection before it's too late.
What you need to know:
- Brick veneer and iron 1990s built home
- Located at end of quiet cul-de-sac in popular neighbourhood
- Great access to beach, town, schools, shops, medical facilities, sporting facilities
- Air-conditioned, open plan living and dining area with wood fire
- Ivory kitchen with gas cooktop, wall oven
- Three double bedrooms, all carpeted
- Extra large fourth bedroom OR formal lounge, kid's area, hobby space
- Shower room, separate toilet, laundry
- Paved, undercover rear patio
- Single garage with drive-through access to rear
- Lawns, easy-care gardens, fenced back yard, rain water tanks
- 581 sqm block, fully serviced
- Current rental return of $560 per week could be significantly increased
- Council rates $2,951.04 per annum
- Water rates $1,603.19 per annum
Listing description written by Lee Stonell, Merrifield Real Estate — reproduced as published, not verified by Districts.