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WA › Oakford › Spears Dr

68 Spears Dr, Oakford WA 6121

For saleHouse for Sale

$1,600,000

For sale

Asking

6

Bedrooms

3

Bathrooms

2

Car spaces

28,428 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,600,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,600,000(Listing record · 17 Aug 2026)
  • FactLand 28,428 m²; no building size recorded.(Property record)
  • CalculationAsk is 5% below the Oakford median recorded sale ($1,677,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Oakford's advertised median rent ($692/wk), implied gross yield would be 2.25% — 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

$1,600,000

Asking · $56/m² of land

No recorded sale for this property.

Oakford at a glance

3,323

People

$1,677,500

Median sale

$692/wk

Median rent

2.15%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Oakford report →

Vs Oakford

-4.6%

Median sale

Suburb $1,677,500

+0.10 pp

Gross yield

Suburb 2.15%

Suburb median $1,677,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,600,000
Stamp Duty (Western Australia)
$73,516
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
$1,677,441

$77,441 on top of the price (4.8% 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 Oakford's advertised median rent — not a rent for this listing.

Net yield
0.75%
Annual cashflow (pre-tax)
$-71,216
Interest cover (DSCR)
0.14
Annual rent
$35,984
Operating expenses
$24,000
Loan amount
$1,280,000
Annual interest
$83,200
Gross yield
2.25%

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$1,600,000available17 Aug 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 28,428 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 $692/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 2.2%. 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 28,428 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

Oakford in one glance

Oakford at a glance

3,323

People

$1,677,500

Median sale

$692/wk

Median rent

2.15%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Oakford report →

Keep researching

  • Why Oakford? Read the area thesis →
  • What else is on the market in Oakford →
  • Other records on Spears Dr →

Listing material

Listed by O'Neil Real Estate

7 ACRES WITH 6x3 HOME PERFECT FOR MULTI GENERATIONAL LIVING

There's a whole lot going on at 68 Spears Drive, Oakford. Set on approximately 2.84 hectares-that's seven acres-we find a very substantial family home with an incredibly practical two-bedroom granny flat, multiple paddocks, stables, sheds, excellent water with a licence for the bore, and room for a horse or two or three or four.

This is some great rural living, and it has been very well set up for people who need space, flexibility and options. It's multi-generational perfect configuration for very together family living.

LIVING HERE

Read the full description

The main part of the home offers four bedrooms, two bathrooms and multiple living areas.

At the front is a tiled lounge room and the main bedroom, complete with a walk-in wardrobe and beautifully renovated ensuite bathroom. The remaining bedrooms are positioned around the family bathroom, laundry and central living area.

The kitchen sits right at the heart of it all, with timber benchtops, a gas cooktop, electric oven with separate grill, dishwasher and pantry. It overlooks the paddocks and interacts beautifully with the meals area, family room and outdoor living space.

A highly effective wood fire keeps this entire area wonderfully comfortable, while the sliding doors create a very practical flow out to the patio.

THE GRANNY FLAT

This is such a good thing! Positioned under the main roof but able to be completely closed off, the granny flat is more like its own big apartment. It offers two bedrooms, a generous living area, a proper kitchen-not just a kitchenette-and a semi-ensuite bathroom with direct access from both bedrooms.

It also opens onto the outdoor living area and creates all sorts of possibilities. It could be brilliant for extended family, grown-up kids who won't move out, guests, a caretaker or simply anyone who needs their own space.

OUTSIDE

The property is divided into several paddocks, with stables and four separate day yards already in place. The setup could use some attention in parts, but the makings of something very decent are absolutely here.

A licensed bore provides water for the paddocks, while the home is supplied by rainwater tanks. There are taps positioned around the property for watering animals and maintaining the land throughout the hotter months.

From a practical perspective, there is excellent parking, a carport with shoppers' access, a large shed, additional storage sheds and plenty of usable space around the home. A BioCycle wastewater system services the property, and LPG bottles supply the cooking and storage hot-water system.

There are even 20 chickens pumping out some very good eggs and Dot the sheep enjoying the rural lifestyle. The animals may also be available to stay if that's part of your rural dream!

WHERE IT IS

Oakford gives you the space and atmosphere of genuine rural living while keeping you within practical reach of Byford, the freeway, major shopping facilities, schools and essential services.

Properties offering this much land, such a substantial home and such a versatile second living arrangement are a hard find right now.

WHAT'S NEXT?

This property offers a tremendous amount, and the best way to understand it properly is to come and see it for yourself.

Hit the EMAIL AGENT button at the bottom of this webpage and we'll be in touch.

Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Study
  • Toilets: 3
  • Water Tank
  • Workshop
Districts

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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.