Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
WA › Meadow Springs › Walnut Way
$860,000
Last sold
28 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
570 m²
Land
205 m²
Building
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
$860,000
28 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Meadow Springs (last 5 years) with land size have a median of $1,482/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Vs Meadow Springs
+1.2%
Median sale
Suburb $850,000
-0.04 pp
Gross yield
Suburb 4.04%
Suburb median $850,000 from 96 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 570 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 $661/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 570 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
Meadow Springs at a glance
10,723
People
$850,000
Median sale
$661/wk
Median rent
4.04%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mandurah City Real EstateInspection By Private Appointment – Call or Text 0457 545 214 to Book a Viewing
📍 3 Walnut Way, Meadow Springs, WA 6210
4 🛏️ 2 🛁 2 🚗 570m² block 205m² internal living
Set in one of Meadow Springs' premium family pockets, this large 4-bedroom, 2-bathroom home offers the perfect blend of strong rental income now and fantastic owner-occupier potential later.
Currently leased at $700 per week until July 2026, it's an ideal “set and forget” investment in a suburb where demand for modern family homes continues to grow. It's also a rare opportunity for buyers wanting to secure a spacious home today and move in once the lease expires.
Positioned in the catchment for Frederick Irwin Anglican School and Assumption Catholic Primary School, the home sits among two of Mandurah's most respected education option, making this location incredibly appealing for families planning ahead.
Built in 2007 on a generous 570m² block, the home features 205m² of internal living, a huge wraparound verandah for year-round entertaining, and highly sought-after side access, perfect for boats, caravans, work vehicles or weekend toys.
Inside, the home offers a large open-plan kitchen, dining and lounge area, a second living room at the front, generous bedrooms, and a master suite with walk-through robe and ensuite.
Another standout of this address is its strategic location between Mandurah and Rockingham. Only a short drive to the Freeway and around 15 minutes closer to Rockingham than central Mandurah, this is the ideal spot for anyone who works or commutes north but still wants the lifestyle benefits of Meadow Springs.
⭐ Key Features You'll Love
• Big 570m² block with side access
• Massive undercover verandah ideal for entertaining
• Solar panels to reduce power costs
• 205m² of internal living + multiple living zones
• Large retaining walls and extra-high fencing for privacy
• Redbrick façade with strong street appeal
• Spacious backyard with room for a future pool or workshop
• Small garden shed included
• Low-maintenance, tenant-friendly layout
• Large secondary bedrooms with built-in robes
📍 Prime Location
• In the catchment for Frederick Irwin Anglican School
• In the catchment for Assumption Catholic Primary School
• 3 mins to Meadow Springs Shopping Centre
• 7 mins to Lakelands Shopping Centre & Mandurah Forum
• 5 mins to Madora Bay & San Remo beaches
• Fast Freeway access, ideal for commuters to Rockingham/Kwinana/Perth
• Close to parks, golf course and public transport
💰 Approximate Outgoings
• Council Rates: $2,500 p/a
• Water Rates: $1,603 p/a
Disclaimer:
Disclaimer:
This information is provided for general information purposes only and is based on information provided to the Agent and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Listing description written by Liam Sharpe, Mandurah City Real Estate — reproduced as published, not verified by Districts.
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