OFF MARKET

332 Teatree Road
Bindoon WA 6502

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 20000m2
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Property Details for 332 Teatree Rd, Bindoon

Building Type
Land
Land Size
20000m2
Local Government
Chittering

Last Listing description (March 2021)

Not only is this 5-acre block in Bindoon a great lifestyle opportunity, it is also an incredible investment. The land is fully pastured and has a dam and bore providing an abundance of water.

As a bonus, the R2 Residential zoning provides potential to subdivide the land, creating up to 4 lots of 5,000sqm (Please contact the agent for details).

An adjoining 4 hectares is also available, to potentially create a development of 11 lots in total.

Bindoon is on the verge of significant growth, with the Tonkin Highway extension and Muchea Industrial Park in progress. The supply of new vacant residential lots is approaching a shortage, making this an excellent opportunity.

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Property History for 332 Teatree Rd, Bindoon, WA 6502

A timeline of how this property has performed in the market
  • 09 Aug 2019
    Listed for Sale $235,000

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About Bindoon 6502

The size of Bindoon is approximately 330.2 square kilometres. It has 4 parks covering nearly 0.8% of total area. The population of Bindoon in 2011 was 1,062 people. By 2016 the population was 1,184 showing a population growth of 11.5% in the area during that time. The predominant age group in Bindoon is 50-59 years. Households in Bindoon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bindoon work in a managers occupation. In 2011, 76.9% of the homes in Bindoon were owner-occupied compared with 78.3% in 2016.

Bindoon has 866 properties. Over the last 5 years, Houses in Bindoon have seen a 96.42% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bindoon is $708,019 while the median value for Units is $218,682.
  • Houses have a median rent of $385.
There are currently 14 properties listed for sale, and no properties listed for rent in Bindoon on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Bindoon.

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