College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
WA › College Grove › Merton Ave
$500,000
Last sold
4 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
611 m²
Land
184 m²
Building
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
$500,000
4 July 2023 · derived via latest_sale
Local land rate: recorded House sales in College Grove (last 5 years) with land size have a median of $828/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs College Grove
-35.7%
Median sale
Suburb $777,500
+2.07 pp
Gross yield
Suburb 3.75%
Suburb median $777,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
BUNBURY
Zone
Local road
796
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 1 Sept 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 1 Sept 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 611 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 $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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 611 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 613 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
College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburySOLD by Roslyn - the leading lady in real estate!
AUCTION HAS ENDED AT $500,000
New to the market, this stunning Home Group WA home offers over 184 m² of living, giving a total of 266 m² under the roof.
Resting on a 611 m² block at the end of a quiet street 17 Merton Avenue has so much to offer, with 4 bedrooms, 2 bathrooms plus a study/activity room for the kids, with theatre room, open plan living, alfresco, with immaculate lawns and gardens to complete the perfect picture.
This property is for sale by Openn Negotiation (Online auction with flexible conditions)
The auction has commenced, and the property could sell as early as tomorrow.
Contact Exclusive Agent Roslyn Ierace immediately to become qualified or you could miss out!
(The sellers reserve the right to sell prior) To watch or bid on the auction at www.openn.com.au
From the sheltered front entry, the entry hall offers easy access to the master bedroom off to the left. A big, spacious room with tall windows, looking out over the front yard, his and hers walk-in robes, then leads to the ensuite with separate toilet and shower.
Through the entry past, the shopper's access to the garage, into the open plan living, where double doors lead to the right to the spacious theatre room. The open plan living consisting of family and meals is overlooked by this perfectly designed kitchen with a double door pantry, 900 mm stainless steel appliances, and ample bench space, offering lots of under bench and overhead storage. A great space to cook up a storm while giving you the chance to keep an eye on all that is happening in the home.
Through to the children's wing of the home, I love a home plan that allows you to close off the kids' end… through the door that will be a godsend, the study which could quite easily be used as a kid's activity room, all three bedrooms, have sliding door robes and easy access of the study/activity to the bathroom, laundry, and separate toilet.
Then opening out from the living area, the alfresco which overlooks a beautifully sized backyard, with ample space for kids and pets.
4 bedroom 2 bathroom home plus study/activity
Separate Theatre room
Built in 2013
Ducted reverse cycle air conditioning.
Solar panels.
Auto reticulation.
Garden shed and clothesline.
In-roof storage area with light.
The property is currently tenanted at $500 per week until Nov 2024
Council $2,537.81*
Water $1,219.76*
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Listing description written by Roslyn Ierace, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.
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