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WA › Wickham › Spencer St

7 Spencer St, Wickham WA 6720

For saleHouse for Sale

$399,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

697.054 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $399,000(Listing record · 24 Aug 2026)
  • CalculationLand 697 m² against a 101 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 0% below the Wickham median recorded sale ($401,000, n=6, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wickham's advertised median rent ($255/wk), implied gross yield would be 3.32% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$399,000

Asking · $572/m² of land

No recorded sale for this property.

Wickham at a glance

2,022

People

$401,000

Median sale

$255/wk

Median rent

3.31%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Wickham report →

Vs Wickham

-0.5%

Median sale

Suburb $401,000

+0.01 pp

Gross yield

Suburb 3.31%

Suburb median $401,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$399,000
Stamp Duty (Western Australia)
$12,968
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
$415,893

$16,893 on top of the price (4.2% 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 Wickham's advertised median rent — not a rent for this listing.

Net yield
1.82%
Annual cashflow (pre-tax)
$-13,473
Interest cover (DSCR)
0.35
Annual rent
$13,260
Operating expenses
$5,985
Loan amount
$319,200
Annual interest
$20,748
Gross yield
3.32%

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$399,000available24 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 697 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 $255/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 3.3%. 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 697 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

Wickham in one glance

Wickham at a glance

2,022

People

$401,000

Median sale

$255/wk

Median rent

3.31%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Wickham report →

Keep researching

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

Listing material

Listed by Ray White Karratha

Wickham Wonder!

Ray White Karratha are excited to welcome this affordable home to the market. Property in Wickham is generally tightly held and does not come up often, so if you have been looking, now is your time.

Situated on a fully fenced, generous 697sqm block, with powered shed, gate access across the front for ample secure parking and just meters from the Lion's Park with newly upgraded facilities including a basketball half court, BBQ facilities, play space, seating and shade.

Built in 1973, the property has proved it was built to last through the Pilbara conditions, now ready to welcome a new family. With a bit of love, and some personal touches, she will be ready to shine in no time!

Read the full description

Features include -

• Double driveway and carport allow for drive through access to the powered shed

• Manual roller shutters to the front windows

• Living room at the front of the house, as soon as you walk in the front door, with vinyl flooring, split system air conditioning and ceiling fan

• Kitchen and dining area is just off the living area, with tiled flooring, ceiling fan, island bench, gas cook top, double sink and both overhead and under bench cupboards in an L-Shaped layout

• Three bedrooms with vinyl flooring, built in robes, ceiling fans and air conditioning

• Bathroom with over-bath shower, single vanity

• Well planned kitchen with gas cooking, dishwasher and cupboards galore

• Three well sized bedrooms all with built in robes

• Bathroom with over bath shower, wall cabinets, single vanity & basin

• Large laundry with storage, exterior access door to rear patio, trough and space for washing machine, dryer and more!

• Separate toilet and shower room off the laundry

• Rear yard is fully fenced and separated from the front yard, has established plants, hills hoist clothes line and partly enclosed undercover patio with access doors to the kitchen/dining and laundry areas

• Vacant possession available to the Buyer at settlement

Please note the oven is not in working order and will not be repaired or replaced by the seller.

Council Rates: $2,200 p.a approx

Water Rates: $1,643.28 p.a approx

For more information, or to arrange a viewing, submit your online enquiry, or call Richard Naulls on 0438 852 444

Disclaimer:

Ray White Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Distances & Measurements quoted are approximations and are not guaranteed. Reference to a location feature does not guarantee availability of that particular feature. All suggestions are subject to City of Karratha & other regulatory approvals. Prospective buyers should make their own enquiries as to the reliance in the accuracy of this information in making their purchasing decision. Further enquiries are welcome on 9185 2444.

Listing description written by Richard Naulls, Ray White Karratha — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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