Hammond Park vs SpearwoodTwo Perth suburbs compared for a home loan
Hammond Park (WA 6164) is approximately 25 km south of the Perth CBD, east of the Kwinana Freeway. Spearwood (WA 6163) is approximately 19 km south-west of the Perth CBD, south of Fremantle and inland from Coogee. At the 2021 Census, Hammond Park had 6,985 residents with a median age of 31, and Spearwood had 10,944 residents with a median age of 41.
In both suburbs the most common occupied dwelling was separate houses. Flats and apartments made up 1% of occupied dwellings in Hammond Park and 5% in Spearwood, while 24% of Hammond Park households rented compared with 29% in Spearwood. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
WA 6164 · Southern suburbs of Perth
Hammond Park
Hammond Park is a City of Cockburn estate suburb created in 2002 from Banjup, where 66.0 per cent of households hold a mortgage and four-bedroom homes dominate.
City of Cockburn. Approximately 25 km south of the Perth CBD, east of the Kwinana Freeway.
Read the full Hammond Park guideWA 6163 · South-west metropolitan Perth
Spearwood
Spearwood is an established City of Cockburn suburb of older houses and infill townhouses around the Phoenix Shopping Centre, with no train station.
City of Cockburn. Approximately 19 km south-west of the Perth CBD, south of Fremantle and inland from Coogee.
Read the full Spearwood guide
What buying in Hammond Park and Spearwood would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Hammond Park and Spearwood.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Hammond Park to see the repayment, transfer duty and upfront cash.
Enter a price for Spearwood to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Hammond Park and Spearwood: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Hammond Park | Spearwood |
|---|---|---|
| People and households | ||
| Residents | 6,985 | 10,944 |
| Median ageAustralia 38 | 31 | 41 |
| Average household sizeAustralia 2.5 | 2.9 | 2.3 |
| Median household income, weeklyAustralia $1,746 | $2,446 | $1,448 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $410 | $350 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,000 | $1,733 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 24% | 29% |
| Owned with a mortgageAustralia 35% | 66% | 34% |
| Owned outrightAustralia 31% | 10% | 36% |
| Types of home | ||
| Separate housesAustralia 72% | 85% | 74% |
| Townhouses, terraces and semi-detachedAustralia 13% | 14% | 21% |
| Flats and apartmentsAustralia 14% | 1% | 5% |
| Homes with two bedrooms or fewer | 4% | 18% |
| Homes with four bedrooms or more | 61% | 33% |
| Dwellings unoccupied on Census night | 5% | 9% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Hammond Park and Spearwood
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Hammond Park
- First home buyers
- Upgraders
- Investors
- Estate design guidelines and restrictive covenants run with the land and bind later buyers.
- A house and land package is usually two contracts, for the land and for the build.
- A construction loan draws down in stages against an as-if-complete valuation.
- Some lenders apply postcode-based limits to high loan-to-value lending in growth corridors.
- Older records may refer to the land as Banjup, from which the suburb was carved in 2002.
Spearwood
- Downsizers
- First home buyers
- Upgraders
- Investors
- Original, renovated and newly built homes often share a street, so comparable sales vary widely and a valuation below the contract price is possible.
- Older houses may draw valuer comments about condition, asbestos-containing materials or unapproved additions, and lenders can ask for further reports.
- Strata levies reduce assessed borrowing capacity, and very small units may fall below the minimum floor area that some lenders require.
- A standard home loan is assessed on the property as it stands; subdividing or building extra dwellings usually needs a staged construction facility.
- Properties near the freight railway, Stock Road or designated bush fire prone land may attract valuer comment or higher insurance premiums.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be written into the offer.
Housing stock in Hammond Park and Spearwood compared
Hammond Park
- Estate housing from 2002 onward
- Separate houses numbered 2,006 at the 2021 Census, 85.5 per cent of occupied homes.
- Four bedroom family homes
- At the 2021 Census, 1,343 dwellings had four bedrooms against 822 with three.
- Townhouses and villa units
- The 332 semi-detached or townhouse dwellings counted at the 2021 Census, with only 14 flats.
Spearwood
- Older single-storey houses
- Houses from the 1970s and 1980s on comparatively large lots; three-bedroom dwellings numbered 2,132 at the 2021 Census.
- Infill villas and townhouses
- Semi-detached, terrace and townhouse dwellings made up 936 of the occupied homes counted at the 2021 Census, most in small strata groups.
- Newer houses on compact lots
- Estates developed since the 2000s, including land around the former Watsonia factory, with small lots and greater site coverage.
- Flats and small apartment buildings
- The 2021 Census counted 243 flats or apartments, a modest share concentrated in the higher-coded streets near the centre.
Official sale price and rent figures for Hammond Park and Spearwood
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Hammond Park
No government agency publishes a free median sale price or rent series for Hammond Park, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Spearwood
No government agency publishes a free median sale price or rent series for Spearwood, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Hammond Park and Spearwood
Hammond Park
Transport
- Cockburn Central Station (train)
- Transperth buses (bus)
- Kwinana Freeway (road)
- Russell Road (road)
Amenities
- Frankland Park Sports and Community Facility
- Hammond Park local shops
- Cockburn Gateway shopping centre
Spearwood
Transport
- Fremantle Station (Fremantle) (train)
- Cockburn Central Station (Cockburn Central) (train)
- Route 512 (bus)
- Routes 548 and 549 (bus)
- Route 114 (bus)
- Stock Road and Rockingham Road (road)
Schools and campuses
- Spearwood Primary School (primary, government)
- Newton Primary School (primary, government)
- Spearwood Alternative School (primary, government)
- Fremantle College (Beaconsfield) (secondary, government)
Amenities
- Phoenix Shopping Centre
- City of Cockburn Administration Centre
- Spearwood Library
- Cockburn Seniors Centre
- Market Garden Swamp
- Manning Park (Hamilton Hill)
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Western Australia education department.
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