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 › Winthrop Ave
$2,200,000
For sale
Asking
$930,000
Last sold
30 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
739 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
Asking
$2,200,000
Asking · $2,977/m² of land
Last recorded sale $930,000 (30 Aug 2024).
Local land rate: recorded House sales in College Grove (last 5 years) with land size have a median of $827/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
+183.0%
Median sale
Suburb $777,500
-2.43 pp
Gross yield
Suburb 3.75%
Suburb median $777,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$108,341 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with College Grove's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
BUNBURY
Zone
Residential
1
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 739 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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 739 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 741 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 Bunbury20 Winthrop Avenue is an exceptional four-bedroom, three-storey architectural residence, offering an impressive 520m² of house area, expansive living and entertaining spaces, panoramic views and a level of amenity rarely found in the Bunbury market.
With the top floor sitting at an elevation of approximately 50 metres, the home captures sweeping views stretching from Dalyellup through to Bunbury city and the harbour, culminating in impressive sunsets from its elevated living areas and balconies.
The upper level forms the heart of the home, where soaring curved shadow-line ceilings enhance the sense of space across the generous living, dining and kitchen zones. Extensive glazing draws the outlook inside, while direct balcony access creates an exceptional setting for entertaining or simply taking in the view.
The main bedroom is privately positioned on this level with its own ensuite and robe, while a second bedroom provides added flexibility for family or guests. A laundry and additional outdoor entertaining area complete the level.
The level below provides two further bedrooms and a family bathroom, but its standout feature is an exceptionally large private commercial-style gym. Measuring approximately 10m x 6.4m, this is a serious training space within the privacy of your own home. Its generous proportions also provide outstanding flexibility, with potential to be used as a games room, recreation zone or converted to provide additional bedroom accommodation, subject to relevant approvals.
The ground floor forms the substantial undercroft level and adds another dimension to the home's versatility. Here, the double garage is accompanied by a bank-grade walk-in vault and an impressive bar and entertaining area complete with its own toilet and kitchenette. Whether used for entertaining, hobbies, storage or as a private retreat, this entire level provides functionality rarely found in a residential property.
Outside, the scale continues with an approximately 80m² cabana providing another substantial entertaining and lifestyle space. Ideal for large gatherings, relaxed weekends or creating a dedicated outdoor retreat, it further enhances the home's ability to accommodate family and guests on a grand scale.
A double garage is complemented by extensive additional hardstand parking, with capacity for more than 15 vehicles.
For medical and healthcare professionals, the location presents another significant advantage with Bunbury Hospital only approximately two minutes away, providing the opportunity to live remarkably close to work while enjoying the privacy, space and outlook of a substantial architectural home.
Further appointments include full ducted vacuuming throughout, high ceilings, multiple balconies, extensive storage and a flexible floor plan capable of accommodating a range of lifestyles.
Property highlights
• Elevated top floor at approximately 50 metres
• Full panoramic views and spectacular sunsets
• Approximately two minutes from Bunbury Hospital
• Private commercial-style home gym
• Full bar and man cave
• Bank-grade walk-in vault
• Double garage plus parking for more than 15 vehicles
• Dedicated shaft void for potential future elevator
• Curved shadow-line high ceilings
• Full ducted vacuum system throughout
• Generous main suite with ensuite and robe
• A genuinely distinctive home offering scale, privacy and versatility
20 Winthrop Avenue is more than a large home. It is a highly individual property combining architectural scale, elevated views, substantial entertaining facilities and exceptional versatility in one of Bunbury's most convenient locations.
Please note: Gym equipment may be available for purchase by separate negotiation.
For buyers seeking something well beyond the conventional, this property deserves to be experienced in person.
Land Rates: $ 3562.86
Water Rates: $1346.38
Built: 2001
Zoning: R20
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 Anthony (skip) Schirripa, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.