Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
$1,120,000
Last sold
11 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
857 m²
Land
197 m²
Building
Districts View
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
$1,120,000
11 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Spearwood (last 5 years) with land size have a median of $1,774/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Spearwood
+13.1%
Median sale
Suburb $990,000
-0.42 pp
Gross yield
Suburb 3.61%
Suburb median $990,000 from 102 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 857 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 $688/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 857 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
Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Omeo Property GroupClassic 1960s Charm on a Rare Triplex Corner Block (857sqm | R30)
Positioned on a highly desirable 857sqm corner triplex block, this much-loved 1960s character home blends timeless charm with exciting future potential. Whether you're looking to enjoy a spacious family home, landbank, or explore subdivision into two or three lots (STCA & WAPC approval), the choice here is genuinely yours.
Warm, welcoming and filled with natural light, the home showcases open-plan living, original timber flooring, beautiful timber-framed windows and a stunning 1960s-inspired bathroom that must be seen to be appreciated.
Features you'll love:
Attractive entrance hall - ideal for coats, shoes & school bags
Queen-size master bedroom with BIR, ensuite & electric security shutters
Bedroom two (double size) with timber floors - currently set up as a beauty room
Bedrooms three & four are queen size with BIRs & wall-mounted heaters
Neat kitchen overlooking the rear veranda featuring 5-burner gas cooktop, electric oven, walk-in pantry & dishwasher
Light-filled dining & family room with original floorboards, wood heater & gas bayonet, overlooking the front garden
Open-plan study/home office off the family room
Huge separate lounge with large windows & sliding door to the rear veranda
Gorgeous 1960s-inspired family bathroom with bath, shower & vanity - a real standout
Family-size laundry with external access plus separate toilet
Outdoor & additional features:
Large rear veranda - perfect for entertaining
Outdoor utility room ideal for a studio, home office or storage
Double garage with near-new remote door
Two separate driveways
Pretty, established gardens with reticulation
Ducted air-conditioning, security roller shutters
Gas instantaneous hot water
Land & zoning:
857sqm corner block
Zoned R30
Triplex development potential (STCA & WAPC approval)
A rare opportunity to secure a character home with genuine development flexibility in a sought-after location. Inspect, fall in love, and decide your future.
Council Rates: $2,600.00 per annum (approx.)
Water Rates: $1,239.79 per annum (approx.)
Listing description written by David Bombara, Omeo Property Group — reproduced as published, not verified by Districts.