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
$830,000
Last sold
12 Nov 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
375 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
$830,000
12 Nov 2025 · 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
-2.4%
Median sale
Suburb $850,000
+0.10 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 375 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 375 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 property with a double garage for parking and an inviting alfresco setting
Who: Seekers of minimal maintenance living, with a move-in ready appeal, and a family orientated location
Where: On an easy care 375sqm block, with a range of schooling, shopping and transport links to the surrounding area, and the sensational coastline a short trip away
Built in just 2024, this absolutely immaculate family home has been skilfully designed with absolute care and attention to offer a range of contemporary styling and quality throughout. Equipped with three bedrooms and two bathrooms, the modern fixtures and fittings provide a timeless design, with spacious proportions and a cohesive flow that sees all bedrooms to the front of the home, and your open plan living, dining and kitchen beyond, creating an effortless blend between your indoor and out. The rear garden is a true extension of the home, with a generous alfresco setting, including a stunning gabled roof, plus an in-built barbecue and kitchenette and a semi-enclosed feel, while an area of lawn provides space for the children or pets, with the tropical plant life only adding to the appeal. Located in an ideal setting for family convenience, you have a wide range of schooling to the surrounding area, including both public and private options, while the busy retail centres of both Lakelands and Meadow Springs provide a variety of shopping and dining opportunity. The nearby beaches ensure enviable recreational enjoyment, with parkland aplenty and even the popular golf course close at hand, while the recently opened Lakelands train station ensures a straightforward commute, with bus and road connections also available.
Lawned to the front of the home, your exposed aggregate driveway offers potential parking before the remote double garage, then extends to a pathway before the residence with a built-in planter box that overflows with easy care appeal. Your entry hallway draws the eye through the home, with the neutral paintwork, timber effect flooring and downlighting that extends across the entire property, with your master suite positioned to the right. Carpeted to the floor with soft natural lighting throughout, you have a large walk-in robe for storage, and an ensuite with an extended vanity, a glass shower enclosure and private WC. Bedrooms 2 and 3 are positioned further along the hallway to either side, ensuring privacy to both, with carpet underfoot and sliding door robes included. The bathroom is equipped with a bath, shower enclosure and vanity, with a separate WC across the hallway, while the laundry is fully equipped with contrasting cabinetry to both the upper and lower, ample counterspace and a full height linen closet within the passage.
Your open plan living and dining area is a light and bright space, with ducted air conditioning that ensures the well-being of the entire property, with direct alfresco access and a spacious area for the family to gather. The kitchen is a modern masterpiece, with a large freestanding island bench to gather around, plus stone benchtops, extensive fitted cabinetry and in-built 900mm appliances, including an oven, gas cooktop and rangehood.
Moving to the gardens and firstly your stunning alfresco that extends the entire rear of the residence, a gabled roof provides shelter, with paving to the floor and an outdoor kitchenette with barbecue, while the side has been semi-enclosed for extended use throughout the seasons. And finally, your backyard is fully fenced, with a border of carefully chosen tropical greenery, with lawn for play and landscaping stone to either side for access around the home.
And the reason why this property is your perfect fit? Because this premium property offers stylish living in a sought after and central location that's ideal for family convenience.
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 Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.