Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Capel › Spurr St

51 Spurr St, Capel WA 6271

For saleHouse for Sale

$795,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

639 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $795,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $795,000(Listing record · 3 June 2026)
  • CalculationAsk is 3% below the Capel median recorded sale ($820,000, n=20, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Capel's advertised median rent ($641/wk), implied gross yield would be 4.19% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$795,000

Asking · $1,244/m² of land

No recorded sale for this property.

Capel at a glance

2,763

People

$820,000

Median sale

$641/wk

Median rent

4.06%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Capel report →

Vs Capel

-3.0%

Median sale

Suburb $820,000

+0.13 pp

Gross yield

Suburb 4.06%

Suburb median $820,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$795,000
Stamp Duty (Western Australia)
$32,058
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$830,983

$35,983 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Capel's advertised median rent — not a rent for this listing.

Net yield
2.69%
Annual cashflow (pre-tax)
$-19,933
Interest cover (DSCR)
0.52
Annual rent
$33,332
Operating expenses
$11,925
Loan amount
$636,000
Annual interest
$41,340
Gross yield
4.19%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$795,000available3 June 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 639 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 $641/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

Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 639 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

Capel in one glance

Capel at a glance

2,763

People

$820,000

Median sale

$641/wk

Median rent

4.06%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Capel report →

Keep researching

  • Why Capel? Read the area thesis →
  • What else is on the market in Capel →
  • Other records on Spurr St →

Listing material

Listed by Elders Real Estate South West Bunbury

Modern Family Living in the Heart of Capel

Perfectly positioned in the peaceful country town of Capel, this quality-built home offers the perfect blend of relaxed family living and modern convenience. Enjoy the serenity of a regional lifestyle while being just a short drive to the sparkling waters of Geographe Bay, the beaches of Peppermint Grove Beach, and the thriving centres of Bunbury, Busselton, and the renowned Margaret River tourist region.

Immaculately presented and feeling just like new, this beautifully finished home is move-in ready with nothing left to do. At the heart of the home is a stylish open-plan kitchen featuring premium appliances, a large walk-in pantry, and seamless connection to the spacious living and dining area. Complete with a large reverse-cycle air conditioner and cosy wood fireplace, this space is perfectly designed for comfortable family living and year-round entertaining.

All four bedrooms are generously sized and include built-in robes. The master suite features a spacious ensuite with quality fittings, while the second bathroom is equally well appointed and conveniently services the minor bedrooms. A separate study offers flexibility as a home office, kids' activity room, or quiet retreat.

Read the full description

Step outside to a covered alfresco entertaining area overlooking lush tropical gardens with automatic reticulation, creating the ideal setting for outdoor gatherings or peaceful afternoons at home.

Additional features including roller shutters throughout for secure living, solar panels for energy efficiency, quality tiling through the main living areas, and plush carpets to the bedrooms complete this impressive package.

Why go through the stress and delays of building when this stunning home is ready for you to move straight in?

Conveniently located close to schools, shops, supermarkets, and local amenities, this property delivers outstanding lifestyle, comfort, and value in one of the South West's growing communities.

Property Features

• 4 spacious bedrooms

• 2 modern bathrooms

• Open-plan living and dining

• Separate study/activity room

• Stylish kitchen with walk-in pantry

• Wood fireplace and reverse-cycle air conditioning

• Spacious laundry

• Ample storage throughout

• Double lock-up garage with internal access

• Roller shutters throughout for added security

• Solar panels

• Lush tropical gardens with automatic reticulation

• Covered alfresco entertaining area

• Generous 639sqm* block

A superb opportunity to secure a quality family home in a sought-after South West location

Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision

Listing description written by Scott Summers, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.

Property features

  • 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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