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.
For sale
For sale
4
Bedrooms
2
Bathrooms
3
Car spaces
731 m²
Land
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
Asking
No recorded sale price for this property yet.
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.
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 731 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 731 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 Group**HOW ABOUT LOCATION AND VIEWS FOR STARTERS!**
Commanding one of Spearwood's most elevated and sought-after positions, this impressive two-storey brick and tile residence is a **substantial and incredibly versatile family home**, offering generous living spaces, an expansive backyard, a below-ground pool and an entertainer's deck perfectly positioned to capture the most magnificent sunsets.
From the moment you arrive, the sense of space is immediately apparent. A private, lush courtyard creates a welcoming entrance, while two driveways provide excellent parking options for busy families, additional vehicles or teenagers.
Inside, the home delivers on size and versatility, with multiple living zones including a separate lounge, formal dining room, spacious kitchen and meals area, plus a separate family room. The generously proportioned bedrooms, all with built-in robes, are thoughtfully positioned away from the main living areas, creating a peaceful private zone for the family.
Upstairs is where this home truly comes into its own. An **enormous games room** or fourth bedroom, complete with a built-in timber bar and amenities, provides an incredible space for entertaining, teenagers, family gatherings, or simply relaxing. From here, step outside onto the long balcony and take in the **panoramic valley and partial ocean views**.
The spacious modern kitchen is well appointed and connects beautifully with the outdoor entertaining area. French doors open directly onto a **seriously impressive decked entertaining zone**, complete with cafe blinds for year-round enjoyment. This is the perfect place to gather with family and friends, enjoy a barbecue, or simply sit back with a drink and watch the sun disappear across the horizon.
And then there is the backyard.
Descending from the elevated entertaining area, you will discover a **large, private and versatile rear yard**, combining lawn, gardens and paved areas with plenty of room for children, pets and entertaining. The **below-ground swimming pool** adds another dimension to this fantastic family home, creating the perfect setting for summer days and weekend gatherings.
Storage is exceptional, with the entire area beneath the decking utilised for additional storage, while the undercroft remote-access garage provides further space. Beyond the garage is a **huge underground cellar/storage area**, offering an abundance of options for the growing family.
The easy-care gardens are fully reticulated from a bore, making maintenance considerably easier.
This is a home designed around **family, space, entertaining and lifestyle**. Whether you need room for the kids, teenagers, extended family, hobbies or simply want a home where you can entertain in style, this property offers an exceptional combination of versatility and scale.
**Big home. Big backyard. Pool. Views. Sunset entertaining. Multiple living zones.**
And with a location that takes full advantage of Spearwood's elevated position, this is an opportunity that deserves to be seen in person.
**There is an enormous amount of value and potential here - inspection is highly recommended.**
Council Rates: $2,371.00 per annum (approx.)
Water Rates: $1,408.52 per annum (approx.)
Listing description written by David Bombara, Omeo Property Group — reproduced as published, not verified by Districts.
Also look at