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 › Fitzwater Way
$1,250,000
Last sold
11 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
728 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
$1,250,000
11 July 2026 · 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
+26.3%
Median sale
Suburb $990,000
-0.75 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 728 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 728 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 Empire Residential PropertyDo not miss this rare opportunity — properties with this much versatility, land size, and future potential do not last long!
Positioned proudly on an elevated 728sqm block with a desirable north/south orientation, 4 Fitzwater Way, Spearwood offers comfortable family living today with exciting future development potential tomorrow, subject to relevant approvals. Zoned R30, this property presents an exceptional opportunity for homeowners, investors, developers, or tradespeople alike.
From the welcoming front porch to the expansive rear entertaining deck, the home has been designed for relaxed living, morning coffees, family gatherings, and effortless entertaining.
Inside, a spacious lounge room complete with gas bayonet heating forms the heart of the home and flows seamlessly through to the open-plan meals area and updated kitchen featuring a gas cooktop, dishwasher, and ample storage.
The renovated bathroom showcases floor-to-ceiling tiling, twin vanities, and modern cabinetry, while the updated laundry continues the home’s fresh contemporary feel.
All three bedrooms are generously sized and easily accommodate queen-sized beds or larger, providing comfortable living for families of all ages.
Downstairs offers excellent flexibility with provisions already in place for self-contained living, including power, kitchenette facilities, and bathroom amenities — ideal for extended family, teenagers, guests, or future granny flat potential.
Outside, the possibilities are endless. With an abundance of space, you can create the ultimate outdoor oasis complete with a swimming pool, spa, pool house, granny flat, workshop expansion, or thriving veggie garden (subject to approvals).
For tradespeople, car enthusiasts, or those needing additional storage and workspace, the property offers extensive secure parking with drive-through access to a powered workshop, plus plumbing and power provisions for additional amenities including a shower, kitchenette, and toilet.
This is a versatile property offering multiple lifestyle and investment opportunities in a sought-after location. Enquire now, before it’s too late!
Features Include:
• Elevated 728sqm block
• R30 zoning with development potential (STCA)
• North/south orientation
• Spacious lounge room with gas bayonet
• Open-plan meals and kitchen area
• Updated kitchen with gas cooktop & dishwasher
• Renovated bathroom with floor-to-ceiling tiling
• Fresh paint through out.
• Twin vanity bathroom
• Updated laundry cabinetry
• Generous queen-sized bedrooms
• Reverse-cycle ducted air conditioning
• Modern window treatments
• Updated flooring throughout
• Filtered mains water supply
• Expansive rear entertaining deck
• Front porch entry
• Downstairs self-contained living provisions
• Powered workshop with drive-through access
• Ample secure parking
• Plumbing and power provisions for additional amenities
• Potential for granny flat, pool, spa, or pool house (STCA)
• Ideal for families, investors, developers, or tradespeople
• Multiple Schooling options including, Spearwood, Southwell, Phoenix & Coolbellup Primary schools, Spearwood Alternative, St Jerome’s & Fremantle College
• Build year: 1969
• Council Rates: Approx $1,880/a
• Water Rates: Approx $1,163/a
• Land Size: 728sqm.
Empire Residential Property welcomes your enquiry and invites all agents to introduce any prospective buyers immediately.
For all enquiries contact jason@empireproperty.com.au or call on 0450 041 157.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract.
Listing description written by Jason Liddle, Empire Residential Property — reproduced as published, not verified by Districts.
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