2. WA
  3. Albany

Houses Units

Here you can find what you need to know about Spencer Park, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$485K Median Sale Price (National Average $485k) 419th In WA
10.23% Median Sale Price Change (1yr) (National Average 4.30%) 371st In WA
$500pw Median Rent (National Average $395) 335th In WA
5.4% Median Gross Yield (National Average 4.24%) 102nd In WA
Properties sold 69
Average discounting -2.23%
Average Days on Market 30
Stock on Market 28 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Spencer Park, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Spencer Park, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Spencer Park, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Spencer Park


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Spencer Park, WA 6330

Part of: Albany Council No data available

The size of Spencer Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 4.1% of total area. The population of Spencer Park in 2011 was 3,321 people. By 2016 the population was 3,428 showing a population growth of 3.2% in the area during that time. The predominant age group in Spencer Park is 50-59 years. Households in Spencer Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spencer Park work in a professional occupation. In 2011, 53.3% of the homes in Spencer Park were owner-occupied compared with 55.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Spencer Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Spencer Park   for Houses in last 12 months


There have been 69 Houses sold in Spencer Park in the past 12 months with a median sale price of $485K, up 10.2% annually. It takes on average 13 days to sell with vendor discounting of -2.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Spotswood VIC, 3015 -8.30% $1,050,000 $678pw 3.4% View Suburb Profile
Seppings WA, 6330 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Banyo QLD, 4014 9.12% $915,000 $650pw 3.7% View Suburb Profile
Thirlmere NSW, 2572 -1.60% $925,000 $580pw 3.3% View Suburb Profile
Croydon Hills VIC, 3136 5.54% $1,190,000 $675pw 3.0% View Suburb Profile
Spencer NSW, 2775 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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