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WA › Meadow Springs › Formby Rd

41 Formby Rd, Meadow Springs WA 6210

House

$740,000

Last sold

5 Aug 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

391 m²

Land

152 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $740,000 (5 Aug 2026).(Recorded sale)
  • CalculationRecorded House sales in Meadow Springs (last 5 years) with land size: median $1,482/m² of land (n=159). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Meadow Springs report →

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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$740,0005 Aug 2026
  2. Listedprice unknowncompleted11 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Meadow Springs in one glance

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.

See the full Meadow Springs report →

Keep researching

  • Why Meadow Springs? Read the area thesis →
  • What else is on the market in Meadow Springs →
  • Other records on Formby Rd →

Listing material

Listed by JW Residential

Why: Because this newly built abode offers carefree lifestyle living, with modern inclusions, easy care gardens and a perfectly placed position

What: 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

Read the full description

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.

Property features

  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.