Spearwood — Units

NEUTRAL
WA 6163 Unit Rank #42 of 89 in Perth
$682K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
54 buyers/listing
Strong
LIQUIDITY
29d DOM
Strong
AFFORDABILITY
30.0% vs 5yr
Weak
GROWTH OUTLOOK
Average
Neutral
YIELD
5.0%
Strong
SUPPLY PRESSURE
0.4% vacancy
Strong
#42/89 Average Structure 87 Room to run $682K

Atlaso rates Spearwood units as HOLD. Average growth outlook. Vacancy is extremely tight at 0.43%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better units options may be available in Perth.

At $682K, Spearwood ranks #42 of 89 units in Perth. The long-term structural outlook is Average. Prices grew 47.4% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Perth.

Spearwood Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+1.6%
Asking Prices (3mo)
+5.4%
Rents (12mo)
0.5%
Vacancy
48%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$676K

Unit Weekly Rents (12 months)

$700/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 6163.

Momentum Health

Room to run

28% stall probability

Spearwood is growing at 47.4% annually with no signs of slowing. Vacancy remains tight and the suburb has not yet reached its affordability ceiling relative to Perth.

STALL RISK 28%

Suburb Profile

Spearwood at a Glance

SEIFA Index
7/10
Above average
Household Income
$1,638/wk
Median household
Median Age
41
Years
Mortgage Stress
26%
of income
Population Growth
+2.1%
vs state +1.9%
Ownership Mix
36.6% owned 30.6% mortgage 29.8% renting

Demographic Trends

Spearwood Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Spearwood Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Spearwood a good suburb to invest in?
Atlaso rates Spearwood as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Spearwood and 46 Australian cities to generate this rating.
What is the median house price in Spearwood?
The current median house price in Spearwood, wa is $682K, with annual growth of +8.5%. Properties sell in approximately 29 days.
How fast do properties sell in Spearwood?
Properties in Spearwood sell in 29 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Spearwood?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Spearwood's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Spearwood?
The gross rental yield for houses in Spearwood is 5.0%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

Check Another Suburb
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).