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 › Steinbeck Pl
$1,055,000
Last sold
4 Sept 2025
4
Bedrooms
2
Bathrooms
6
Car spaces
711 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
$1,055,000
4 Sept 2025 · 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
+6.6%
Median sale
Suburb $990,000
-0.22 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 711 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 711 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 HQGreat Place to Live. Realty Plus are proud to bring to market this wonderful European styled family home situated in a marvellous location. Built in 1980 and sitting on a huge 711 sqm block, this very neat & tidy home is ideal for the large or growing family. This could be your forever home where friends & family would gather and celebrate all occasions or just get together for those big family meals.
With so much to offer, from the 3 living spaces including a massive games room, separate meals area, 4 bedrooms & 2 bathrooms and a wonderful backyard with a huge patio entertainment area which is fantastic for those special get togethers and all year round entertaining with family & friends. You can sit out the front and watch the sunset over the valley, or you can have 50 family & friends in the back games room while cooking the best pizzas in the wood fire oven or you can just relax in the front lounge and enjoy the serenity. There is also heaps of room for a Home Office or study area if required.
This is a rare and exciting offering being presented to the market so if you are in the market for a great family property or a Fantastic Investment Property then you have to see this home.
Some of the many features include:
* 4 large bedrooms. Master with ensuite and 3 minor bedrooms (2 with BIR's)
* 2 bathrooms and 2 toilets and large laundry
* 3 living areas including a massive games room, perfect for those family gatherings
* Separate formal dining room. Could also be perfect for a separate Home Office or Study
* Kitchen that was previously renovated and is neat as a pin
* High ceilings, split air con system, ducted evap air con and auto security shutters are all part of the offering
* Gorgeous ceiling rose and ornate cornicing in the large formal lounge are beautiful features
* Oversized double garage PLUS secure side access next to the garage for up to 4 cars. Perfect for extra vehicles or the tradey who wants a secure spot
* Cellar at the side of the home. This is a great space for many uses
* Huge rear patio entertaining area including a built in BBQ space and a magnificent wood fire cooking oven which is ideal for cooking pizza, fish and those big dishes on special occasions. Much of your time would be spent out here.
* So much Charm & Character that will set you apart from other properties
Plus So Much More
THIS HOME MUST BE SEEN. The location is absolutely fantastic, being a stroll to transport and shopping centre and just a short drive to the beach, marina, Cockburn Central and Fremantle. These types of family homes don't come on the market very often and when they do you need to act fast. Contact Mark at any time for further information on 0418 495 017.
NOTE: There are excellent tenants in place until 28th February 2026 paying $830 per week in rent.
NOTE: Photos shown are from the rental listing advertising in February 2025.
Listing description written by Mark Grljusich, Realty Plus HQ — reproduced as published, not verified by Districts.