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 › Mcwhae Dr
$720,000
Last sold
16 Jan 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
565 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
$720,000
16 Jan 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
-6.2%
Median sale
Suburb $768,000
+0.26 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 565 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 565 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 Elders Real Estate AlbanyIf you have an eye for quality and a desire for something a little unique – then this stunning home tucked at the end of a private cul-de-sac is one not to be missed.
2 McWhae Drive has many features which will appeal to families, professional couples, retirees or quite simply anyone who prioritises modern comforts mixed with outdoor living and being near nature.
With the indoor and outdoor living overlooking bushland, you'll forget that you're a short trip from town, schools, shops, sporting amenities and more. Plus, the tassie-oak timber flooring throughout helps to amplify that feeling. The architect-designed home captures natural light from all directions, offers spacious rooms, a multitude of nooks to hide away as well as a fantastic open-plan kitchen-living-dining area which flows to one of the best parts of this property... the west-facing deck overlooking beautiful natural bush.
We could go on forever, but the main things to love about this home are its central location, it's privacy and security, the natural light throughout, and the living spaces that take in the reserve next door – it's incredibly rare to find something like this in Albany.
FEATURES OF THE HOME:
• Top central location, adjoining reserve, cul-de-sac
• High quality home built in 2008
• Architect designed, functional and appealing floorplan
• Tassie oak flooring
• Superb master bedroom with massive ensuite and walk-in robe
• Large family bedrooms all with built-in robes
• Gorgeous kitchen with tonnes of bench and storage space, large island, and high quality appliances including 900mm Belling range-style stove
• Kitchen open-plan with great living area with cofferred ceiling and views on 3 sides
• Living flows to amazing semi-enclosed deck, adjoining natural bush with super relaxing vibe
• Separate lounge or TV room also looking over bush
• New carpets and painted throughout 6 months ago, security alarm system, 2x RC air conditioners, 1.9kw solar system
• Easy care gardens with small area of lawns, beds, room for trailer etc., and ample under-home storage
• Extra high, extra wide, double roller garage with drive-through access
DISTANCES:
• Spencer Park IGA & Shopping Complex: 800m
• Hospital / Albany Health Campus: 1.5km
• Spencer Park Primary School: 1.1km
• Albany Primary School / Senior School: 1.5km
• North Road Sporting Complex: 750m to 1.25km
• Albany CBD (York Street): 1.8km
*Approx
OTHER:
• Zoning: R25
• Council Rates: $2626/year
• Water Rates: $1525/year
• Year Built: 2008
• Frontage: 17.1m
Homes like this are few and far between in the current market. For your private inspection or more information please contact Blair Scott on 0459 024 026 or Chris Wallace on 0437 152 471.
Listing description written by Blair Scott, Elders Real Estate Albany — reproduced as published, not verified by Districts.