10 Wellesley Road NBinningup WA 6233
Property Details for 10 Wellesley Rd N, Binningup
Last Listing description (August 2024)
FOR SALE $ 1,000,000 plusDRAMATIC REDUCTION FROM $2.5 MILLIONOWNERS LOOKING FOR A QUICK SALEDON'T MISS THIS OPPORTUNITY87.31 hectaresLot 10 Wellesley RoadBinningup - 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 YardsContact Gordon for further details or to arrange an inspection.
Property History for 10 Wellesley Rd N, Binningup, WA 6233
- 15 May 2024Sold for $1,000,000
- 10 Feb 2023Listed for Sale $1,000,000
- 29 Jun 1992Sold for $375,000
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0About 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 938 properties. Over the last 5 years, Houses in Binningup have seen a 76.77% increase in median value, while Units have seen a 49.38% increase. As at 31 October 2024:
- The median value for Houses in Binningup is $629,368 while the median value for Units is $654,751.
- Houses have a median rent of $540.
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