Get a property report and suburb profile for any property in Spearwood

Spearwood sits just east of Fremantle in the City of Cockburn. It is an established south-western suburb that mixes post-war weatherboard cottages and brick homes with pockets of newer infill. Tree-lined streets and neighbourhood parks give it a domestic, lived-in feel, and a local shopping strip along Rockingham Road provides everyday cafes and services. The population is 10,944 with a median age of 41, and most homes are owner-occupied (70.5%), so the area tends to attract families, tradies and long-term residents.

Light industrial edges give Spearwood a working-suburb character while nearby Beeliar Regional Park and coastal reserves provide ready outdoor recreation. Good road links and proximity to Cockburn Central station make commuting straightforward. The suburb is seeing investment, including a major upgrade of Beale Park with a new sport and community centre complete and further reserve works progressing, and a library upgrade is proposed for the town centre. Whether that mix suits you depends on what you want from a neighbourhood.

On these figures, housing costs in Spearwood sit well above what local households earned at the last Census. A median house price of $997,500 is about 13.2 times a typical local household's annual income at the last Census (median weekly household income $1,448). Renting would also take a large share of a typical local household's weekly income: a house rent of $730 a week is about 50.4% of that weekly income, while a unit rent of $670 a week is about 46.3%.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Unit values in Spearwood jumped 17.6% over the past 12 months, a strong rise, while house values also rose strongly, up 11.8%. Rents moved higher as well: unit rents climbed 11.7% (a strong increase) and house rents rose 8.1% (a solid increase).

For someone weighing Spearwood as an investment, the value figures reflect capital growth over the year and the rent figures reflect changes in rental income. Units outpaced houses on both capital growth and rent growth this year, so the unit side of the market was the stronger performer; whether that balance fits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.