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 › Ulster Rd
$508,000
Last sold
20 Dec 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
383 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
$508,000
20 Dec 2024 · derived via latest_sale
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
-33.9%
Median sale
Suburb $768,000
+2.00 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 383 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 383 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 EstateThis stylish, two-storey townhouse incorporates modern amenities and a functional layout to create a private, inviting refuge with the accent on comfort.
Convenience is another major advantage for occupants of all ages, as town is just 2km away and swimming beaches and fishing spots a little further afield.
At the end of a group of six units set back from the road on an elevated site, the freestanding home occupies a 383sqm block with a double under-main-roof garage that has direct access into the home.
Through the front door, inside the entrance hall, carpeted stairs with steel and timber balustrading lead up to a spacious open living room bathed in natural light from windows looking out to the bush at Yakamia and glazed doors onto a paved courtyard at the side.
Both indoor and outdoor living spaces are perfect for those who love to entertain or value their family time in a relaxing setting.
The inviting living area seamlessly connects to the dining space and then the appealing galley-style kitchen, with attractive cabinetry, a dishwasher, pantry and gas cooking. Smart and hardwearing vinyl plank flooring flowing throughout this open space enhances the modern vibe.
All three bedrooms are at least Queen in size with carpet and built-in robes, the master having access to the semi-ensuite bathroom with a bath, walk-in shower and vanity.
There are two separate toilets, one off the well-appointed laundry.
The compact backyard is terraced, with enough space for growing veggies and herbs, and paving for low maintenance.
An ideal, easy-care home for couples or small families, this lovely property will have definite appeal for investors with an eye on a smart deal. It is leased until January 2025 at $390 per week, however, a recent rental appraisal has the amount at somewhere more towards the $470 - $500 per week in the current rental market.
With a smart exterior of brick veneer and cladding and a Colorbond roof, the home has excellent kerb appeal – and the interior follows up on all the outside promises.
What you need to know:
- Freestanding, split level two-storey townhouse
- Brick veneer, cladding and Colorbond construction
- Light, open lounge and dining space
- Green outlook to Yakamia
- Private courtyard
- Kitchen with dishwasher and pantry
- Three queen size bedrooms
- Semi-ensuite bathroom with bath, shower, vanity
- Two toilets
- Double under-main-roof garage with internal access
- Under-stairs storage
- Low-maintenance 383sqm block
- Standout home for couple, small family, investor
- Leased until January 2025 at $390 a week
- Recent rental appraisal of $470 - $500
- 2km from town
- Few minutes from schools, fishing, beaches
- Council rates $2,573.90
- Water rates $1,564.13
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.