To transition from a proof of concept to a scalable system, a supercapacitor must deliver beyond just high cyclic stability. This work emphasizes energy density, power density, scalability, and specific capacitance to better address the demands of practical applications while remaining cost effective, employing a simple single-step process that significantly reduces overall cost. Among various electrode materials, transition metal oxides (TMO) are especially promising due to their structural diversity. From TMOs, α-Fe2O3 (hematite) is particularly known for its stable structure, low cost and abundant. Despite α-Fe2O3 being abundant and environmentally friendly, and having been explored in previous strategies, mostly rely on composites or structural modifications to achieve high specific capacitance. In this work, hematite has been synthesised via a simple hydrolysis-coprecipitation method and directly used as an electrode in a symmetric supercapacitor. The device was assembled using a CR2032 coin cell, with Whatman filter paper Grade 1 serving as a separator, 6 M KOH electrolyte, and Nafion as the binder. The device demonstrated a specific capacitance of 1452 F/g at 0.5 A/g. Notably, this performance was achieved without the use of additional material incorporation or nano-structuring, indicating that straightforward coprecipitation can also exhibit high specific capacitance in a scalable, cost-effective manner. These results confirm that hematite, when processed by a scalable wet chemical method, can deliver promising charge storage performance, providing a cost-effective pathway.