Bunbury at a glance
4,440
People
$870,000
Median sale
$620/wk
Median rent
3.71%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
WA › Bunbury › Wellington St
$1,000,000
Last sold
1 July 2026
12
Bedrooms
4
Bathrooms
0
Car spaces
1,022 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,000,000
1 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Bunbury (last 5 years) with land size have a median of $1,504/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Bunbury at a glance
4,440
People
$870,000
Median sale
$620/wk
Median rent
3.71%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Bunbury
+14.9%
Median sale
Suburb $870,000
-0.49 pp
Gross yield
Suburb 3.71%
Suburb median $870,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
BUNBURY
Zone
Regional centre
RC
Jurisdiction
Bunbury
Bunbury, WA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,022 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $620/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
2 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,022 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,025 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Bunbury at a glance
4,440
People
$870,000
Median sale
$620/wk
Median rent
3.71%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts APG - BunburyPositioned in one of Bunbury's most desirable growth corridors, this substantial 1,022sqm development site presents an outstanding opportunity for developers, investors, and land bankers seeking to secure a strategic holding with significant future upside.
Located within easy walking distance of Bunbury's CBD, Victoria Street entertainment precinct, and the stunning Back Beach coastline, the property is ideally situated to capitalise on the increasing demand for high-density residential development in the city centre, but also a long list of other commercial permitted uses under the RAC-3 zoning, such as Medical Centre, Holiday Accommodation, Commercial and more.
The zoning of RAC-3 has been identified for future residential density of up to R80 (subject to all relevant approvals), the site offers exceptional redevelopment potential. Preliminary planning assessments indicate the possibility of a six-unit residential development, making this an attractive proposition for developers looking to unlock value in a premium location.
The existing building improvements could provide flexibility for interim use, holding income, or future redevelopment planning, allowing purchasers to secure the site today and lease out as residential accommodation or potential 12 consulting rooms while considering future development options.
Opportunities to acquire large development-ready sites this close to both the city centre and beach are becoming increasingly rare, making this a compelling addition to any development portfolio.
Development Highlights
• 1,022sqm landholding in a highly sought-after location
• RAC-3 zoning with future density potential up to R80 (STCA)
• Preliminary planning advice indicating potential for approximately six residential dwellings, but also other permitted uses under RAC-3 such as Commercial, Medical Centre, Café and more.
• Walking distance to Bunbury CBD, Victoria Street and Back Beach
• Strong long-term growth and redevelopment prospects
• Existing improvements could provide holding income or interim-use opportunities
• Rear access and substantial on-site parking
• Rare city-centre offering held by the same ownership for over 30 years
Location Benefits
• Approximately 3 minutes' walk to Bunbury Back Beach
• Easy access to Bunbury CBD and major amenities
• Close to restaurants, cafés, shopping, schools and medical facilities
• Strong demand location for future residential development
This is a rare opportunity to secure a premium development site in one of Bunbury's most tightly held and rapidly evolving precincts.
All development potential is subject to approval from the City of Bunbury and other relevant authorities. Buyers should undertake their own due diligence.
Listing description written by Mickey Thuy Mustica, Harcourts APG - Bunbury — reproduced as published, not verified by Districts.