Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
WA › Spearwood › Glendower Way
$399,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
47 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
Asking
$399,000
Asking · $8,489/m² of land
No recorded sale for this property.
Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Spearwood
-59.7%
Median sale
Suburb $990,000
+5.36 pp
Gross yield
Suburb 3.61%
Suburb median $990,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$16,893 on top of the price (4.2% extra)
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.
Pre-filled with Spearwood's advertised median rent — not a rent for this listing.
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.
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 47 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 $688/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.
Gross yield if leased at the suburb aggregate is 9.0%. 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
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 47 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
Spearwood at a glance
12,380
People
$990,000
Median sale
$688/wk
Median rent
3.61%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realty Plus HQWelcome to 48/15 Glendower Way, Spearwood
Positioned in a well-maintained complex in the heart of Spearwood, this low-maintenance one-bedroom apartment presents an outstanding opportunity for savvy investors, first-home buyers and those seeking an affordable lock-and-leave lifestyle.
Currently tenanted, the property offers the added benefit of immediate rental income, making it an attractive investment in one of Perth's consistently popular southern suburbs.
Designed for comfortable everyday living, the apartment features a practical open-plan layout that maximises its 47sqm footprint. The living area creates a welcoming space to relax or entertain, while the functional kitchen offers ample storage and everything required for easy meal preparation.
The spacious bedroom provides a comfortable retreat and is serviced by a modern bathroom, delivering a simple yet functional floorplan ideal for low-maintenance living.
Situated within a well-established complex, the property also benefits from convenient open parking and easy access to nearby shopping centres, public transport, schools, parks and recreational facilities.
Whether you're looking to expand your investment portfolio with an income-producing property or secure an affordable home in a fantastic location, 48/15 Glendower Way offers exceptional value and outstanding convenience.
Property Highlights:
• Currently tenanted with immediate rental income
• Excellent investment opportunity
• 1 spacious bedroom
• 1 modern bathroom
• Open-plan living area
• Functional kitchen with ample storage
• Practical and low-maintenance floorplan
• Approximately 47sqm of living space
• Open parking
• Well-maintained complex
• Lock-and-leave lifestyle
• Ideal for investors, first-home buyers and downsizers
• Affordable entry into the Spearwood market
Location Highlights:
• Located in the heart of Spearwood
• Walking distance to Phoenix Shopping Centre
• Close to Stargate Shopping Centre
• Easy access to public transport
• Nearby parks, reserves and recreational facilities
• Close to quality primary and secondary schools
• Approximately 10 minutes to Coogee Beach and Port Coogee Marina
• Short drive to Fremantle's cafés, restaurants and waterfront
• Convenient access to Murdoch University
• Close to Fiona Stanley Hospital and St John of God Murdoch Hospital
• Easy access to Rockingham Road, Stock Road and North Lake Road
• Strong rental demand in a well-established, high-growth suburb
For more information or to tee up a viewing, please contact Fin Greenwood on 0451 635 064
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
Listing description written by Fin Greenwood, Realty Plus HQ — reproduced as published, not verified by Districts.
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