308 Spencer Road, Thornlie, WA 6108 | House for sale | OnTheHouse
 
FOR SALE
Current Bid - $775,000

308 Spencer Road
Thornlie WA 6108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 799m2
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799sqm R40 Development Opportunity with Triplex Potential

** All offers to be presented by Wednesday, 28th October 2026 **
** The seller reserves the right to accept an offer prior to the closing date **
Positioned on a substantial 799sqm parcel with R40 zoning, 308 Spencer Road, Thornlie presents an outstanding opportunity for developers, investors and land-focused buyers seeking future redevelopment potential in an established and well-connected location.
The key appeal is the potential for a three-dwelling development, with the R40 zoning making the site particularly attractive for buyers looking to explore a triplex-style outcome, subject to the relevant planning, design and approval requirements.
With approximately 799sqm of land, the property offers the scale and flexibility that is becoming increasingly sought after within established residential suburbs. Whether the intention is to redevelop in the future, investigate a multi-dwelling project or simply secure a sizeable holding in a convenient location, the site provides a strong foundation for a range of possibilities.
The existing residence adds further practicality in the meantime, offering a usable holding property while future plans are considered.
The home comprises two bedrooms and one bathroom, with split-system air conditioning to the lounge and main bedroom, additional air conditioning to the second bedroom, Jarrah flooring, gas heating and solar hot water.
To the rear, a substantial approximately 10m x 8m shed/workshop provides excellent additional utility, complete with a concrete slab and three-phase power. This adds genuine functional value for buyers needing storage, workshop space or additional flexibility while retaining the property in its current form.
The site's established Thornlie setting further strengthens the opportunity. Convenient access to local shopping, public transport, major road connections and surrounding amenities ensures the property remains practical both now and into the future.
Families and future owner-occupiers will also appreciate that the property falls within the Thornlie Senior High School catchment.
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Property Details for 308 Spencer Rd, Thornlie

308 Spencer Rd, Thornlie is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 799m2. The place is currently for sale with Stratton Realty.

Building Type
House
Land Size
799m2
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About Thornlie 6108

The size of Thornlie is approximately 11.6 square kilometres. There are 56 parks, covering nearly 18.4% of the total area. The population of Thornlie in 2016 was 23153 people. By 2021 the population was 23665 showing a population growth of 2.2% in the area during that time. The predominant age group in Thornlie is 30-39 years. Households in Thornlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornlie work in a trades occupation.In 2021, 75.90% of the homes in Thornlie were owner-occupied compared with 77.00% in 2016.

Thornlie has 9,762 properties. Over the last 5 years, Houses in Thornlie have seen a 114.24% increase in median value, while Units have seen a 128.70% increase. As at 31 August 2026:

  • The median value for Houses in Thornlie is $904,749 while the median value for Units is $588,587.
  • Houses have a median rent of $720 while Units have a median rent of $633.
There are currently 99 properties listed for sale, and 17 properties listed for rent in Thornlie on OnTheHouse. According to Cotality's data, 322 properties were sold in the past 12 months in Thornlie.

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Vicktor Sutrisno
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Varun Uppal
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Stratton Realty
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