Fritz Spindler was a prolific composer of Biedermeier-style piano music, and this piece represents the charming, pedagogical aesthetic of the late 19th century. It is a lighthearted, descriptive work depicting the wandering spirit of a stream.
The main challenge is maintaining a light, even touch in the running sixteenth-note passages.
Comparable difficulty and character — good candidates for what to learn next.
Bächleins Wanderlust (Op.32) is rated Henle level 3 of 9 — late beginner repertoire, roughly ABRSM grades 4–5. In the RCM system it corresponds to about level 4.
You should be comfortable at Henle level 3 — meaning you can already play level 2–3 pieces cleanly. Learning it one level early is possible as a stretch piece, but more than that usually leads to months of frustration.
A typical performance of Bächleins Wanderlust (Op.32) lasts about 3 minutes.
Bächleins Wanderlust (Op.32) is available as free public-domain sheet music on IMSLP — the score is linked directly from this page.
Pieces at a comparable difficulty and character include Bunte Schmetterlinge by Fritz Spindler, Bunte Schmetterlinge by Fritz Spindler, 18 German Dances and Esoccaises by Franz Schubert — see the full similar-pieces list on this page.