Lot 250 Carramar StBinningup WA 6233
Property Details for Lot 250 Carramar St, Binningup
Last Listing description (February 2023)
Secure your piece of Binningup with this opportunity to purchase a large parcel of land in Lakewood Shores Estate. The central location of these blocks provides easy access to the beach, general store, oval, school bus stops and Country Club.
This Lot comprises 10 & 12 Carramar Street which have been amalgamated into one block of generous proportions, resulting in 1138m2, with 36.5m of frontage.
The north facing aspect & large frontage allows you to take advantage of solar passive design.
The current zoning R15/30/50 provides opportunity for a 3 unit site, subject to council approval. There is also potential to purchase the block next door at 14 Carramar Street and amalgamate to form a potential 5 unit site. There is access to underground power, scheme water and deep sewerage.
With houses and blocks harder to find in this sought after coastal town, the possibilities are endless with this unique allotment.
The astute investor has the option to land bank, build their dream seaside home, or develop as a multi unit site.
* House plans shown are for illustrative purposes
Property History for Lot 250 Carramar St, Binningup, WA 6233
- 25 Jan 2023Sold for $360,000
- 18 Aug 2022Listed for Sale Offers Above $359,000
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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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