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.
WA › Spearwood › Goldsmith Rd
$1,250,000
Last sold
20 Feb 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
1,016 m²
Land
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
$1,250,000
20 Feb 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
+26.3%
Median sale
Suburb $990,000
-0.75 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 1,016 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 1,016 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 Realty Plus HQBRAD MILOS is honoured to present 19 Goldsmith Road, Spearwood.
Contact Brad for a Price Guide.
View the 3D Virtual Tour - NOW OPEN 24/7
All offers presented on or before 14th of Feb - Unless SOLD PRIOR
Positioned on an expansive 1016sqm R40-zoned site, this tightly held one-owner property presents a rare and compelling opportunity for the astute buyer seeking land, flexibility and future upside. Set within walking distance to key amenities and only minutes from the coastline, this is a strategic acquisition in a high-demand coastal growth corridor.
With major infrastructure and defence expansion underway nearby, this property is positioned at the forefront of future residential demand.
OPPORTUNITY & POTENTIAL
This solid 3-bedroom home provides a functional base with enormous scope to add value. With R40 zoning, the site opens the door to multiple development pathways, making it ideal for renovators, investors and developers alike.
Option 1 - Renovate, Retain & Rent
Refresh the existing dwelling, retain its charm and capitalise on the strong local rental market.
Option 2 - Retain & Subdivide (STCA)
Keep the current home and subdivide the rear portion to create additional lots, broadening resale and rental opportunities.
Option 3 - Full Development Potential (STCA)
Investigate the development potential under R40 zoning, which may allow approximately up to 8 multi-dwelling apartments or up to 4 individual ground dwellings, subject to WAPC and council approvals.
PROPERTY FEATURES AT A GLANCE
• 1016sqm R40-zoned land holding
• 3-bedroom, 1-bathroom home with character
• Triple garage / parking, dual driveways
• Plenty of side access to retain existing home in position
• One-owner property with 1960's solid structure
• Prime rectangular development site
• Multiple future development pathways (STCA)
LOCATION, INFRASTRUCTURE & GROWTH DRIVERS
• Nearby to Phoenix Shopping Centre, Newton and Spearwood Primary School, parks and public transport
• Minutes to Coogee Beach and Port Coogee Marina
• Close to Fremantle's café, dining and lifestyle precinct
• Just minutes from the Australian Marine Complex (AMC) in Henderson, where the new AUKUS defence precinct is being developed
• Garden Island Defence expansion to support the AUKUS project will further increase workforce and housing demand
• Growing demand for residential housing across Spearwood and surrounding suburbs driven by defence, marine and industrial expansion
WHY YOU'LL LOVE IT
This is more than a home - it's a strategic land acquisition in a rapidly evolving coastal and defence growth corridor. Large R40 sites of this calibre are becoming increasingly scarce, especially so close to the coast and major infrastructure projects.
Whether you're a renovator, land banker, developer or investor, this property offers flexibility, scale and future capital growth potential.
A rare chance to capitalise on Perth's evolving defence and coastal growth story.
Like what you see, contact exclusive listing agent Brad Milos for further information.
Selling North Coogee/ Coogee & surrounding coastal suburbs Est: 2014
Listing description written by Brad Milos, Realty Plus HQ — reproduced as published, not verified by Districts.