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 › Hardie Rd
$486,000
Last sold
17 Mar 2025
4
Bedrooms
1
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
$486,000
17 Mar 2025 · 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
-36.7%
Median sale
Suburb $768,000
+2.26 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 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 $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 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
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 EstateDirectly opposite Spencer Park Primary School and within a short walk of the shopping centre and hospital, this neat home has all family needs sewn up.
Not only is the location super-convenient, but the house is comfortable and family friendly with a practical layout, and the big back yard on the 728sqm block is fully enclosed and grassy, providing a safe play area for kids and pets.
At the side of the brick and tile home is a carport with gates at the far end leading through to the rear and a new Colorbond shed – a real bonus for DIY projects, secure parking and storage.
In addition to the inviting lounge with gas heating, there's a paved patio in the back garden for unwinding with a beer after work or relaxing over a summer barbecue.
The kitchen, fitted with cream cabinetry and gas cooking, has a meals area at the side and an outlook over the back yard from the sink.
Three of the bedrooms are doubles and the fourth is a big single, reached off the lounge and with the option for use as an office or study.
Completing the picture are the laundry with access to the toilet, and the bathroom with a bath, walk-in shower and vanity.
Security is a consideration as screens are fitted to both front and back doors, and extra visitor parking on the drive is another advantage.
While numerous family amenities are almost on the doorstep, going further afield for high schools, town, the beach and sports grounds is also easy as everything is within a few minutes' drive.
Priced to appeal to buyers on a budget and investors alike, the property is leased until April 2025 and shows a solid rental history with good returns.
What you need to know:
- Brick and tile family home
- Opposite primary school, short walk to shopping centre, hospital
- Few minutes from town, high school, beach
- Lounge
- Kitchen with gas cooking
- Meals area
- Paved patio area
- Three double bedrooms, one big single
- Bathroom with bath, shower, vanity
- Laundry and toilet
- Colorbond shed, only a few years old.
- Carport with backyard access, extra parking
- Enclosed, grassy back garden for children and pets
- Priced for budget buyers and investors
- Well presented and maintained
- Council rates $2,352.24
- Water rates $1,564.13
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.