Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
WA › Meadow Springs › Formby Rd
$752,500
Last sold
12 Sept 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
380 m²
Land
155 m²
Building
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
$752,500
12 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Meadow Springs (last 5 years) with land size have a median of $1,482/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Vs Meadow Springs
-11.5%
Median sale
Suburb $850,000
+0.53 pp
Gross yield
Suburb 4.04%
Suburb median $850,000 from 96 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 380 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 $661/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.
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 380 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
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthDavid Beshay welcomes you to 16 Formby Road, Meadow Springs — a stunning modern home where every detail is crafted for comfort and style, and it feels like home from the moment you walk in.
Discover this beautiful 3-bedroom, 2-bathroom home complete with a dedicated theatre room, perfectly designed for modern living. From the high 30-course ceilings to the stone benchtops and striking black fixtures found throughout, every detail reflects style and comfort. Everyday living is made easy with zoned reverse-cycle air-conditioning and solar panels, while electric roller shutters to all bedroom windows and a security camera system provide absolute peace of mind. Positioned steps from Oakwood Primary School and only minutes from shopping, schools, parks, the beach, and train station, this is a home that balances lifestyle with sophistication.
Beyond the entry door, complete with a security screen, the home opens to a master bedroom that feels both private and indulgent. Generous in size and fitted with electric roller shutters, it's a space designed for rest. A statement barn door reveals his and hers walk-in wardrobes, leading to a beautiful ensuite finished with a stone benchtop, sleek black fixtures, and a double shower for a touch of everyday luxury. Just beyond, a large and open theatre room offers the ultimate space for nights of entertainment or relaxed family living.
The two additional minor bedrooms are generous in size, offering plenty of space and comfort. Each is complete with built-in wardrobes with sliding mirrored doors and electric roller shutters. The family bathroom continues the home's cohesive style with a stone benchtop and black fixtures, while the inclusion of both a separate bath and shower makes it ideal for families of all ages.
The open-plan kitchen, dining and living area forms the true heart of the home, designed for both style and practicality. The kitchen impresses with stone benchtops, black fixtures and premium 900mm appliances including an oven, rangehood and 5-burner stove, complemented by a dishwasher and plumbed-in fridge for everyday ease. The dining area is bathed in natural light from its large window, while the spacious living room opens effortlessly to the alfresco through sliding doors — ideal for family gatherings and entertaining friends.
Outside, a large alfresco area sets the scene for entertaining, overlooking a generous grassed backyard with plenty of room for kids to play or pets to enjoy. Paving along both sides of the home keeps maintenance low, while a handy door from the garage to the backyard makes moving between front and rear effortless.
Features:
- 3 bedrooms
- 2 bathrooms
- Large master at the front of the home with his and hers walk-in wardrobes
- Stunning ensuite with double shower
- Minor bedrooms equipped with built-in wardrobes with sliding mirrored doors
- Family bathroom with both separate shower and bath
- Dedicated theatre room
- Open-plan kitchen, living and dining
- Stylish kitchen with 900mm appliances, dishwasher, and plumbed-in fridge
- Stone benchtops throughout
- Modern black fixtures throughout
- High 30-course ceilings
- Zoned reverse-cycle air-conditioning
- Electric roller shutters to all bedrooms
- Solar panels
- Double car garage with door to access backyard
- Security screen front door
- Security camera system
Location (distances are approximate):
- 170m from Oakwood Primary School
- 900m from Jellybeans Child Care
- 1.1km from Mandurah Baptist College
- 1.2km from Lakelands Primary School
- 1.4km from San Remo Beach
- 1.9km from Lakelands Station
- 2.5km from Quarry Adventure Park
- 2.6km from Meadow Springs Shopping Centre
- 2.7km from Meadow Springs Golf and Country Club
Dimensions and Rates:
- Situated on a 380m² block
- 155m² internal living space
- Built in 2019 by Celebration Homes
- Council rates: $2,200 per annum (approx.)
- Water rates: $1,487 per annum (approx.)
- Potential rental income: $630 per week
Don't miss this rare opportunity to secure a home in the sought-after suburb of Meadow Springs. Your dream home awaits — call David Beshay today on 0460 732 432.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by David Beshay, The Agency Perth — reproduced as published, not verified by Districts.