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WA › Spencer Park › Ulster Rd

160 Ulster Rd, Spencer Park WA 6330

House

$490,000

Last sold

30 May 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

750 m²

Land

101 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $490,000 (30 May 2024).(Recorded sale)
  • CalculationLand 750 m² against a 101 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Spencer Park (last 5 years) with land size: median $825/m² of land (n=69). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$490,000

30 May 2024 · 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.

See the full Spencer Park report →

Vs Spencer Park

-36.2%

Median sale

Suburb $768,000

+2.21 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Heritage

Not retrieved

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

Records

Property history

  1. Sold$490,00030 May 2024
  2. Listedprice unknowncompleted21 May 2024
  3. Listedprice unknowncompleted21 May 2024

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 750 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

Official flood overlay has not been retrieved (pending). 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 $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.

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.

1 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 750 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Spencer Park in one glance

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.

See the full Spencer Park report →

Keep researching

  • Why Spencer Park? Read the area thesis →
  • What else is on the market in Spencer Park →
  • Other records on Ulster Rd →

Listing material

Listed by Elders Real Estate Albany

Light Filled Home amongst Lush Gardens

A super-solid home, very well built and in excellent condition. Full of natural light, bright and cheery, a wonderful place to be, a home that makes you feel good.

Absolutely stunning gardens, lush and verdant, amazing to relax and unwind, and providing a restive and relaxing outlook.

An elevated position with lovely outlook to rural land – don't feel like you are in the city.

Read the full description

A crackerjack outdoor entertaining area, single carport, and double garage or workshop, for parking, storage, games area, or to tinker…..

All this and more is on offer at the superb 160 Ulster Rd. This property will not only impress you, it will make you feel at home, and might even fill you with joy. This cracker is suitable for a range of buyers, but will be particularly loved by retirees, couples, and singles, who don't want maintenance and who value a central location. Particularly if you love gardening, or if you don't run to that, at least sitting in the garden!

• Very well-built brick and tile home constructed in 1988

• Range of revamping and renovation done over time, presents with a clean, fresh feel

• In absolutely mint condition inside and out

• Good lounge with new bamboo flooring and reverse cycle air conditioning, appealing outlook

• Two large (queen plus) bedrooms with built in robes, one with RC AC

• Third single/double bedroom or study. All bedrooms with garden views

• Bathroom with shower and vanity – note this room needs work to complete, after the bath was removed

• Modern kitchen, light and cheerful, open-plan with dining space

• Exceptional covered outdoor area, perfect for relaxation or entertaining

• Sloped driveway leading to level carport, plus additional parking space under shade

• Powered double garage also suitable as workshop, storage, or games room

• Absolutely stunning, beautiful lush gardens, incredibly restful

• Elevated position with views to rural land and Yakamia Valley

• Central location, shops, hospital and medical facilities close by. Easy drive to town and the beach

• Solar hot water, garden shed, insulation

This property is a gem. If you love being surrounded by relaxing greenery, and not being hemmed in, you will be in your happy place. This is simple living, but with everything you need in one lovely bundle. Retirees will absolutely adore it – yes the driveway is sloped, but parking and entry to the home is on the level, so getting in and out is easy. And you can enjoy the gardens and view from inside, and outside. Young doctors and nurses will love the easy care nature of the place, the proximity to the hospital, and the fact that when you hit home, you instantly feel calmed. There is so much to love here!

Please note – the Seller would prefer a flexible settlement to allow them to find their next home to love, so hopefully that can work for you.

To book your private inspection or more information please contact Blair Scott on 0459 024 026.

Listing description written by Blair Scott, Elders Real Estate Albany — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Living Areas: 1
  • Reverse Cycle Aircon
  • Shed
  • Solar Hot Water
  • Toilets: 1
  • Water Tank
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.