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WA › College Grove › Winthrop Ave

48 Winthrop Ave, College Grove WA 6230

House

$402,000

Last sold

28 Apr 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

735 m²

Land

156 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $402,000 (28 Apr 2023).(Recorded sale)
  • CalculationLand 735 m² against a 156 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in College Grove (last 5 years) with land size: median $828/m² of land (n=59). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$402,000

28 Apr 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

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.

See the full College Grove report →

Vs College Grove

-48.3%

Median sale

Suburb $777,500

+3.49 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202120222023$325k$402k
  • Sold (recorded)
  1. Sold$402,00028 Apr 2023
  2. Listedprice unknowncompleted12 Apr 2023
  3. Sold$325,00015 Feb 2021
  4. Listedprice unknowncompleted13 Nov 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 735 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 735 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

College Grove in one glance

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.

See the full College Grove report →

Keep researching

  • Why College Grove? Read the area thesis →
  • What else is on the market in College Grove →
  • Other records on Winthrop Ave →

Listing material

Listed by Elders Real Estate South West Bunbury

INVESTORS $420 p/w until December

SOLD BY ROSLYN WITH OPENN NEGOTIATION ONLINE AUCTION

This solid 1994 built brick and tile home, has been freshly renovated and offers four bedrooms, two bathrooms and a double carport as well.

This property is for sale by Openn Negotiation (Online auction with flexible conditions)

Read the full description

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) Register to watch the auction at www.openn.com.au

Walk in the front door the spacious lounge to the right new carpets have just been laid throughout… while new vinyl strip flooring flows through the living areas.

The HOME has been treated to a kitchen renovation and what a kitchen it is. The massive island bench takes pride of place in the middle of the room and gives you a monumental amount of workspace, that is really seen in kitchens today, Opposite the generous meals area looks out over the backyard and the tall trees in the distance of the vacant land behind. The central open-plan family room overlooks the kitchen to the centre of the home.

The master bedroom lies to the left of the entry, a bright spacious room with a big window, bringing the natural northern light into the room, and a pleasant outlook of the bush blocks across the road., of course a walk-in robe, and ensuite, as well.

At the rear of the home off the hallway, the children's wing where they share their own bathroom, with a separate shower and bath. All three bedrooms have built-in robes, and also that new carpet!

The huge, big back yard is a blank canvas, waiting for you to add your final touches, it already has a garden shed, so maybe a workshop, a huge alfresco? The possibilities are endless.

It's fresh! Well, presented! And ready to go! This Spacious Family home is not going to last so if you've been looking for something a little bit special come and take a look today at 48 Winthrop Avenue, College Grove.

Talk to Exclusive Agent and Auctioneer Roslyn Ierace today 0407529 398

- 1994 built brick and tile home

- 735m2 block

- Double carport

- Reverse cycle air conditioning

- 4 bedrooms 2 bathrooms

- Built in robes

- Separate lounge room

- Open Plan family – meals

- New carpets to lounge and bedrooms

- Renovated kitchen – huge central island bench

- Vinyl strip flooring

- Currently rented at $420 per week until December 2023

Council $2,304.64

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.

Property features

  • Living Areas: 2
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.