SOLD
Sold on 15 May 2024 for $1,000,000

10 Wellesley Road N
Binningup WA 6233

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 873064m2
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Property Details for 10 Wellesley Rd N, Binningup

Building Type
Rural
Land Size
873064m2
Local Government
Harvey
Lot/Plan
10/P018149

Last Listing description (December 2024)

FOR SALE $ 1,000,000

OWNERS LOOKING FOR A QUICK SALE
DON'T MISS THIS OPPORTUNITY

87.31 hectares
Lot 10 Wellesley Road
Binningup

Suitable for Cattle - Currently running 50 calving cows.
Relatively new hay shed near the Eastern boundary
Main dam located in Northeast corner - pumps water into 3 large circular water
troughs for cattle
Secondary small dam located in Southwest corner - Winter only
Windmill - needs maintenance (rods and buckets)
Renewed barbed wire fencing - from Cattle yards to the eastern boundary/
Runnymede Road and from the yards to the Northern boundary.
Grasses - strawberry clover, rye, Kikuyu.
Hay ring located near shed
Part of the farm is low-lying and is green all year round. Forms a natural lake in winter.
Underlying peat soil, high saline content.

Holding Income
$18,000 pa plus rates and taxes
Annual Lease - Expires end of February.
Rollover to month by month there after

Located in the Kemerton Industrial Buffer Zone.

No houses can be built on the property.

Permitted uses:
Rural pursuit
Rural industry - including Market Gardens
Forestry / Silviculture
Extractive industry
Public Utility
Stock Holding & Sale Yards

Contact Gordon for further details or to arrange an inspection.

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Property History for 10 Wellesley Rd N, Binningup, WA 6233

A timeline of how this property has performed in the market
Last Sold
$1,000,000
15 May 2024
  • 15 May 2024
    Sold for $1,000,000
  • 10 Feb 2023
    Listed for Sale $1,000,000
  • 29 Jun 1992
    Sold for $375,000

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About Binningup 6233

The size of Binningup is approximately 29.3 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Binningup in 2011 was 1,010 people. By 2016 the population was 1,261 showing a population growth of 24.9% in the area during that time. The predominant age group in Binningup is 0-9 years. Households in Binningup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Binningup work in a trades occupation. In 2011, 66% of the homes in Binningup were owner-occupied compared with 66.4% in 2016.

Binningup has 939 properties. Over the last 5 years, Houses in Binningup have seen a 72.56% increase in median value, while Units have seen a 49.38% increase. As at 30 November 2024:

  • The median value for Houses in Binningup is $607,092 while the median value for Units is $525,521.
  • Houses have a median rent of $535.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Binningup on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Binningup.

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Contact agent
Gordon Davies
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Gordon Davies Real Estate
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