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
$890,000
Last sold
3 Feb 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
375 m²
Land
170 m²
Building
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
$890,000
3 Feb 2026 · 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
+4.7%
Median sale
Suburb $850,000
-0.18 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 2024 built family home with a total of 4 bedrooms and 3 bathrooms, including 2 master suites, with quality design throughout, and a double garage for parking
Who: Seekers of flexible family living, with the option for a multi-generational solution
Where: Walking distance to schooling and parkland, with retail options in all directions and all the delights of Mandurah just moments away
Built in just 2024, this brand new home sits within a newly developed area of the much-loved and established Meadow Springs, and offers exceptional quality throughout, with 4 bedrooms, including two master suites, 3 bathrooms and a flexible floorplan to accommodate a variety of family arrangements. Designed with a premium level of care and attention to detail, you have a dedicated theatre space for comfortable relaxation, with an open family zone for living and dining, while the sensational kitchen sits centrally as the heart of the home, and benefits from a separate scullery for added appeal. Your master suite is placed to the front, with your guest suite and two further bedrooms within a separate section to the rear, while the guest suite is equipped with not only a private ensuite, but a peaceful lounge or study too, allowing you the opportunity to create a home that's dedicated to you and your needs. A paved alfresco sits within the backyard, with garaged parking to the front, while the gardens have been finished to a low maintenance design, leaving a blank canvas for the new owner to create the dream.
Located just a short stroll from a choice of schooling and moments from a variety of parkland, this family orientated setting ensures complete convenience, with easy access to road and public transport connections for those with a daily commute. A range of retail and dining is equally nearby, with the local precinct within walking distance and both Lakelands and Meadow Springs shopping centres nearby, while Mandurah itself is just a little further and overflows with both entertainment and recreational options, including the bustling foreshore, picturesque waterways and breathtaking beaches.
A paved driveway leads to the double remote garage, while additional parking can be found before the home, with the inviting façade featuring modern brickwork and a sheltered portico entry. A central, tiled hallway offers a shopper's entry from the garage, while your master suite is placed to the left for a peaceful setting. The tiled flooring extends throughout, along with the ducted air conditioning that ensures your year round well-being, with the master suite bathed in soft natural lighting, and furnished with timber wainscotting and a walk-in robe for storage. While the ensuite provides a twin shower enclosure with glass screening, a stone topped vanity and WC. Your theatre space follows on and is open in design for a seamless flow throughout, with plenty of space for the family to gather and enjoy a movie.
A doorway allows the front of the home to be closed off from the spacious living and dining area beyond, with the modern kitchen the standout feature of the space. Equipped with extensive cabinetry and integrated appliances including dual wall ovens, a gas cooktop and rangehood, the kitchen benefits from a central and freestanding island bench for casual mealtimes or entertaining around, with stone benchtops for both functionality and appeal. A scullery is nestled to the side, with yet more cabinetry and counterspace, while the laundry is tucked beyond with a large linen closet and direct exterior access included.
Bedrooms 2 and 3 offer double built-in robes and plenty of space for comfort, with the family bathroom positioned between, including a glass shower enclosure, bath and stone topped vanity, with a private WC next door. And moving to the very rear of the residence you find your secondary master or guest suite, making it ideal for those needing a multi-generational solution. The ensuite comes first, with the modern floor to ceiling tiling that extends across all bathrooms within the home, with a glass shower enclosure, stone topped vanity and WC. The generous bedroom follows on and is also equipped with a double built-in robe, while a private lounge or home office is nestled just beyond that to ensure a peaceful and versatile space to enjoy.
The backyard was originally planned to include a plunge pool but now offers a low maintenance design to allow the new owner complete control over the final outcome, with a sheltered and paved alfresco for outdoor entertaining, and direct access from the main living area for an uninterrupted flow between.
And the reason why this property is your perfect fit? Because this recently built abode offers that sensational new home feel, with none of the extended wait times.
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 Shauntel Coyle, JW Residential — reproduced as published, not verified by Districts.