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 › Hillman St
$390,000
Last sold
16 Aug 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
421 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
$390,000
16 Aug 2024 · 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
-49.2%
Median sale
Suburb $768,000
+3.78 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 421 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 421 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 EstateOriginal jarrah floors, big windows letting in plenty of natural light, and high ceilings with decorative features create a warm welcome at this lovely, well-located character cottage.
It's a 1950s/60s built home, the perfect nest for first time buyers or downsizers, or an easily maintained rental property to add to an investment portfolio.
The three big double bedrooms, generous lounge and country-style kitchen-dining area also make this a comfortable home for small families.
With shops, schools, medical facilities and public transport close by, Middleton Beach less than 3km away and the CBD a three-minute drive down the road, it's in the ideal spot to attract a wide scope of buyers, and it would make a terrific lock-and-leave for those chasing warmer winters in WA's north.
The home occupies an easy-care 421 sqm block with lawn and a few native trees for privacy at the front, an enclosed back yard with a garden shed and lawn, and a rear carport.
A porch shelters the front door, which opens onto a good-sized lounge with gas heating and stylish plantation shutters. This leads through to the kitchen-dining area, with ample cabinetry, electric cooking and space for a family-sized dining table.
At the back of this central area is a handy utility room leading to the laundry, where there's a walk-in shower and a separate toilet – an adjunct to the main bathroom, which has a bath with a shower over and a vanity.
At the back door, an undercover, paved patio is a private area adding another dimension to the indoor living spaces.
Security screen doors and built-in shelving in the lounge and dining area add to the appeal of this easily maintained property.
With a sound rental history to date and an updated rental estimate sitting at $450-$470 per week this opportunity presents a realistic prospect for those wanting a healthy return on a modest investment.
There's a lot to love here, so don't delay in arranging to take a closer look with Lee Stonell by phoning 0409 684 653 or sending an email to lee@merrifield.com.au
What you need to know:
- Original 1950s/60s character features such as jarrah floors, high ceilings, big windows
- Ideal for first owners, downsizers, small family – great lock-and-leave
- Excellent prospects for rental investment (rental estimate at $450 - $470 per week)
- 421 sqm easy-care block
- Lounge with gas heating
- Country-style kitchen-dining area
- Paved, undercover rear patio
- Three double bedrooms
- Bathroom with bath, shower, vanity
- Laundry with second shower
- Handy utility area
- Security screens
- Carport at the rear
- Council rates $ 2013.08 per annum
- Water rates $1525.99 per annum
Listing description written by Lee Stonell, Merrifield Real Estate — reproduced as published, not verified by Districts.