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
5
Bedrooms
3
Bathrooms
2
Car spaces
713 m²
Land
203 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Spearwood (last 5 years) with land size have a median of $1,759/m² of land (n=103). 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.
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 713 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 713 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 GroupELEVATED COASTAL LIVING WITH SPACE, STYLE & FLEXIBILITY:
Positioned on a generous 713sqm parcel in a sought-after coastal pocket, this substantial and beautifully enhanced residence offers the ultimate in space, versatility, and lifestyle. Just moments from the shoreline, local parks, schools, and everyday amenities, this is a home designed to grow with you while embracing the very best of coastal living.
Thoughtfully updated and spread across two expansive levels, the home has undergone a series of renovations that elevate both comfort and functionality. Fresh, modern touches blend seamlessly with solid original construction, creating a residence that feels both substantial and inviting.
Designed with flexibility in mind, the layout easily caters to multi-generational living, dual occupancy, or large families needing room to spread out. With two separate entry points and full bedroom and bathroom facilities on each level, there's a genuine sense of independence and privacy throughout. The lower level offers scope for semi self-contained living, complete with plumbing provisions for a kitchenette.
Upstairs, the heart of the home opens to a light-filled living zone that flows effortlessly onto a west-facing balcony-perfectly positioned to capture coastal breezes and stunning elevated sunsets. This is where the home truly shines, offering a beautiful outlook and a daily reminder of how close you are to the ocean.
Each of the bedrooms is generously proportioned, with multiple living zones ensuring everyone has their own space to relax or retreat. The inclusion of a dedicated home office (or additional bedrooms if required) further enhances the home's adaptability for modern family life.
Features include:
5 spacious bedrooms plus home office (or 6th bedroom)
Massive ground floor living zone / office / potential 7th bedroom
Two well-appointed bathrooms plus ensuite
Renovated interiors with modern enhancements
Expansive upstairs living with elevated coastal outlook
West-facing balcony capturing sea breezes and sunsets
Flexible dual-living potential with separate entries
Double garage with secure storeroom
Ducted evaporative air conditioning
Security alarm and screens
Side access and generous outdoor space
Friendly Auction Terms: (if not sold prior)
13th June at 10am
Deposit $10,000
Subject to building and pest inspection
Subject to final inspection
A home of this scale, flexibility, and location is a rare offering-perfectly suited for large or extended families who value space, lifestyle, and proximity to the coast. Beyond the home itself, the location is a standout. Enjoy easy access to nearby beaches, coastal walking trails, local shopping precincts, cafés, and quality schools-all just minutes away. It's a lifestyle that blends convenience with the relaxed feel of coastal living.
https://omeopropertygroup.com.au/agent-appraisal?staff=david-bombara
Council Rates: $2,400 per annum (approx.)
Water Rates: $1,505.29 per annum (approx.)
Listing description written by David Bombara, Omeo Property Group — reproduced as published, not verified by Districts.