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WA › South Bunbury › Spencer St

146 Spencer St, South Bunbury WA 6230

House

4

Bedrooms

1

Bathrooms

1

Car spaces

2,024 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 2,024 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in South Bunbury (last 5 years) with land size: median $1,087/m² of land (n=72). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Mixed Use Residential (179) under the BUNBURY.(Landgate SLIP · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in South Bunbury (last 5 years) with land size have a median of $1,087/m² of land (n=72). Districts calculation from recorded sales — not a valuation.

South Bunbury at a glance

9,204

People

$750,000

Median sale

$620/wk

Median rent

4.30%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full South Bunbury report →

Planning

Planning and development

Planning scheme

BUNBURY

Zone

Mixed Use Residential

179

Jurisdiction

Bunbury

Bunbury, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 660973

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Soldprice unknown30 June 2026
  2. Listedprice unknowncompleted16 Jan 2025
  3. Listedprice unknowncompleted16 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,024 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $620/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,024 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 2,030 m² — land size can look like optionality. No 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

South Bunbury in one glance

South Bunbury at a glance

9,204

People

$750,000

Median sale

$620/wk

Median rent

4.30%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full South Bunbury report →

Keep researching

  • Why South Bunbury? Read the area thesis →
  • What else is on the market in South Bunbury →
  • Other records on Spencer St →

Listing material

Listed by LJ Hooker Property South West WA

Developers Alert! R40/60 - Mixed Use Residential

Developers look no further than this enormous 2,023sqm South Bunbury property with unlimited potential!

- Zoned R40/60 - Mixed Use Residential

- 4-9 lot subdivision? With neigbouring properties subdivided into anywhere between 4 & 9 units the opportunities are endless.

Read the full description

- Medical Precinct? Just meters from Bunbury Day Hospital, South West Surgical Services , Bunbury Orthopedic & Sports Services, Bunbury Orthodontics Centre.

The property includes an existing 4x1 home that can provide immediate rental income or serve as a base for future development planning.

The surrounding suburb is known for its vibrant community, excellent schools, and convenient access to shopping, dining, and public transport, further enhancing the property's appeal. The combination of its strategic location and the existing infrastructure makes it a rare opportunity to capitalize on the area's ongoing growth while retaining the flexibility to create something truly transformative.

Current Rent - $540.00 pw (increasing to $585.00 per week mid February)

Lease Expiry � 6th June 2025

Existing features:

- Built in Wardrobe

- Split system AC

- Tiled Patio

- Shed with roller door

- Side access

All developments will be subject to the relevant approvals and potential purchasers are required to undertake their own due diligence.

Don't miss out on this opportunity! For more information, Call or Text James O'Neill on 0451 309 029.

Rates:

Council Rates: Rates:$2,500*

Water Rates: $1,200*

Approximate only *

Disclaimer � whilst every care has been taken in the preparation of this advertisement and the approximate outgoings, all information supplied by the seller and the sellers agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters. Images are for illustrative purposes.

Local Planning Scheme No. 8

Mixed Use � Residential

�To facilitate development of residential and non-residential land uses in strategic locations that complements the hierarchy of designated activity centres, including the Mixed Use - Commercial Zone, with a predominantly residential character and amenity that meets both the medium to higher density housing and employment needs of the city. To facilitate the development of walkable and vibrant places: with a distinctive sense of place that maintains a high standard of urban design and amenity; with a land use mix appropriate to the role and functions of the locality in supporting desired economic and social activity that services the needs of predominantly residents; and with provision of greater transit oriented development that supports the viability of public transport and other infrastructure. To ensure that the scale of development and intensity of land use activity does not generate nuisances detrimental to the health, welfare and safety of residents and transitions sensitively into surrounding residential areas.�

Listing description written by James O'Neill, LJ Hooker Property South West WA — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.