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
$412,000
Last sold
14 Aug 2020
4
Bedrooms
2
Bathrooms
1
Car spaces
2,340 m²
Land
153 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$412,000
14 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in College Grove (last 5 years) with land size have a median of $827/m² of land (n=60). 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
-47.0%
Median sale
Suburb $777,500
+3.32 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 data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 2,340 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.
Official flood overlay has not been retrieved (pending). 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.
1 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 2,340 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 BunburyThis property is for sale by Openn Negotiation (Flexible terms online auction)
The auction has commenced, and the property could sell as early as tomorrow
Contact Exclusive Agent Peter Hayes immediately to become qualified or you could miss out!
(The sellers reserve the right to sell prior) www.openn.com.au.
This lifestyle property, which is close to the Bunbury CBD, University, TAFE, Shopping Centre and Hospitals offers a relaxed lifestyle block of 2,340m2.
The location is amazing for the reasons above, but also its' native garden, a bonus bus route, while the estate is also accessible to the Manea Park bush reserve and all of its native attractions.
As you enter the wide front door access, minor bedrooms with robes are off to the right, while the entrance opens up to the Open Plan living area, with its large warm fan forced fire heating the tiled kitchen, dining and living areas. To the left are the main bedroom and ensuite that are accessed via an Office/ Nursery/Music Room space. Cooling is provided by ducted evaporative airconditioning on this treed and shady block.
The homes décor incorporates practical Roman blinds, easy care floors, shady verandahs front and back, a gabled patio with a brick pizza oven, plenty of workshop space in the Garage, while a wood shed is also on the property, and childrens cubby house with slide.
The kitchen is equipped with modern appliances including dishwasher, oven and more than adequate gas cooktop.
Ideally this property is suited to upsizers, downsizers, those seeking more elbow room from their neighbours, or those needing a convenient location to all the services mentioned.
The owners are keen to move on, don't miss out on this one.
Call Peter Hayes the Exclusive Agent on 0427428358. Viewings are by Open Home or Appointment Only.
Listing description written by Peter Hayes, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.