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 › Formby Rd
$740,000
Last sold
5 Aug 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
391 m²
Land
152 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
$740,000
5 Aug 2026 · 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
-12.9%
Median sale
Suburb $850,000
+0.60 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 391 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 391 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 JW ResidentialWhat: A 3 bedroom, 2 bathroom residence with garaged parking for the vehicles and contemporary comfort throughout
When: You seek all the benefits of a newly built home, without any of the lengthy wait times
Where: Centrally placed for absolute convenience, with shopping, schooling and a range of recreational enjoyment all within reach, plus straightforward travel and transport links
Built in just 2023, this near new property offers complete convenience on the doorstep, with modern interior design, low maintenance gardens and an easy care 391sqm block. Tenanted until July 2026, this is a premium opportunity to add a quality investment to the portfolio, with the location ideal for a variety of buyers, and the contemporary interior ensuring a move-in ready appeal. Inside the home you follow a carefully created floorplan with 3 well-spaced bedrooms and 2 fully equipped bathrooms, while natural light floods the home for a bright and spacious feel throughout. The kitchen sits centrally within a zoned living and dining space, while sliding doors lead to a paved area for seating, with the backyard lawned and fully fenced for play. Located just a quick stroll from a choice of schooling, this family focussed area promises a sense of community, with plenty of greenspace and parkland nearby, plus the popular golf course that meanders through the suburb. Lakelands shopping precinct is easily within reach, while the train station is equally close by for convenient travel, with the vibrant city of Mandurah just a short drive away, along with an extensive array of scenic coastline and beaches to explore.
Immediately appealing, the modern façade promotes a well-maintained and contemporary exterior, with a lawned garden beside the paved driveway, while a garden bed extends the border. Your double remote garage ensures secure vehicle parking, while the front door is nestled away within a sheltered portico for access within. Your two minor bedrooms sit toward the front of the home, both with quality carpet and built-in robes for storage, while the bathroom provides a glass shower enclosure, bath and vanity, with neutral tiling to complement the muted colour scheme that extends throughout. The master suite also benefits from that soft carpet, with a complete wall of storage beyond triple full height sliding doors, while the ensuite is equipped with a large shower with glass screening, and a lengthy vanity with under bench cabinetry.
Your laundry follows on and offers sliding door access to the exterior for convenience of use, while completing the interior is your welcoming living and dining space, with central kitchen. The kitchen is galley style in design with an extended freestanding island for casual
meals or entertaining around, with stone benchtops, ample cabinetry and a full height pantry included, while your in-built oven and gas cooktop are complemented by a stainless-steel rangehood. Your living space is zoned around the kitchen for a dedicated lounge and dining area, with downlighting throughout, timber effect flooring and an efficient reverse cycle air conditioning unit.
Stepping outside and your backyard offers a minimal upkeep design, with lawn that wraps around the home, along with paving for a relaxed area to sit. And the garden is fully fenced for peace of mind, with a border of plant life to the fence line, whilst still leaving ample room for the pets or children to explore.
And the reason why this property is your perfect fit? Because this is a prime example of laid back living, with a sought after setting and low maintenance design.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller 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 enquiries.
Listing description written by Shauntel Coyle, JW Residential — reproduced as published, not verified by Districts.