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 › Muir St
$425,000
Last sold
29 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
728 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
$425,000
29 Aug 2023 · 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
-44.7%
Median sale
Suburb $768,000
+3.15 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 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 728 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 $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.
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 728 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
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 Merrifield Real EstateA complete renovation project in recent years has transformed this charming 1960s cottage into a comfortable, modern home with a choice of living spaces for relaxation and recreation.
Families will be impressed by the affordability of the neat home as well as its proximity to all amenities – schools, shops, medical facilities, the beach and town.
Through the front door is the inviting lounge, an air-conditioned room with a wood fire in an open fireplace and a window taking in a lovely outlook as far as Gull Rock and with glimpses of Middleton Bay.
The lounge flows through to the kitchen and meals area, with a built-in breakfast bar, ivory cabinetry with stone bench-tops and a five-burner stainless steel chef's stove.
Next is the upgraded laundry, where a door leads out to a paved, undercover patio with a built-in barbecue and bar – a delightful, sheltered spot for parties and family playtime.
Another sunny outdoor option is the front patio, which shares the expansive outlook.
Off the lounge, a hallway leads to the three double bedrooms, an office or playroom, and the main bathroom with a stylish vanity and the original cast bath with a shower over.
The master bedroom at the back of the house has a classy en suite bathroom complete with a spa bath, double shower, toilet and vanity, and a walk-in robe with built-in drawers and hanging space.
Floating timber flooring in smart grey, carpet in the family bedrooms and office, tasteful tiling and clean décor finish the home stylishly while both ceiling and underfloor insulation enhance year-round comfort.
A driveway on the 728sqm block leads to a garage in the fenced, grassy back yard and there's ample off-road parking besides.
Brick walls with inset timber panels add a contemporary touch to the façade while enclosing the front lawn for children and pets to play.
Some original timber sash windows, security screens and a storage shed are other notable advantages of this property.
Family buyers as well as investors with an eye on solid rental returns will appreciate the facilities and location of this terrific property.
What you need to know:
- Fully renovated 1960s cottage
- 728sqm block
- Near schools, shops, medical facilities, easy access to beach and town
- Lovely coastal outlook
- Air-conditioned lounge with wood fire
- Covered rear patio with barbecue and bar
- Playroom or office
- Front patio
- Kitchen/meals area with breakfast bar, chef's stove, ivory cabinetry, stone bench-tops
- Laundry and separate toilet
- Main bedroom with walk-in robe and en suite bathroom – spa bath, double shower, toilet, vanity
- Two double bedrooms
- Main bathroom with bath, shower, vanity
- Single garage with inspection pit and storage space
- Shed
- Fenced front and back yards
- Council rates $2,064.20
- Water rates $1,488.73
Listing description written by Tommie Watts, Merrifield Real Estate — reproduced as published, not verified by Districts.