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 › David St
$466,000
Last sold
28 Feb 2025
4
Bedrooms
1
Bathrooms
1
Car spaces
1,079 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
$466,000
28 Feb 2025 · 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
-39.3%
Median sale
Suburb $768,000
+2.53 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 1 Sept 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 1 Sept 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 1,079 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 1,079 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?
KnownmediumOfficial parcel about 1,082 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
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 Albany Prestige RealtySituated on approximately a 1,079 square metre block this Ugly Duckling may be just what you are looking for. There is so much potential for the price here, and as we all know, the Ugly Duckling turned into a beautiful swan. If you are handy on the tools or have some vision then you need to view this property. Mind you it is presentable enough to move straight in if you wish.
Inside is heated with a solid fuel tile fire and a reverse cycle air conditioner.
There are four big bedrooms with three having built in robes. The kitchen is spacious with a modern stove and is in an open living area layout of lounge, dining and the kitchen and is a lovely space.
The renovated and modernised bathroom has a WC, vanity and shower over the spa bath. Not a thing to do here except enjoy. The laundry is adequate and has a separate WC.
On the garden side of the home there is a large sunroom which would be a great place to spend time on a chilly Albany morning.
Outside the single carport leads to the backyard which has a good sized jarrah framed shed, perfect for a workshop or secluded hobby room. There is a chicken run and a gazebo and other sitting spaces which give a hint of what it looked like in yesteryear. A sizable if not somewhat overgrown vegetable garden also graces this large backyard. With a bit of hard work and energy it could really be something once again.
The bones of this house seem to be okay. Some paint and floor coverings and a bit of gardening and this could be the buy of the year.
Listing description written by Geoff Oldfield, Albany Prestige Realty — reproduced as published, not verified by Districts.