OFF MARKET

20/70 Winthrop Avenue
College Grove WA 6230

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Property Details for 20/70 Winthrop Ave, College Grove

Building Type
Commercial
Local Government
Bunbury

Last Listing description (November 2023)

Stage 1 selling off the plan.

Now here is an opportunity to secure a block of land within minutes from local and major amenities of Bunbury. Nestled on the bank of College Grove is the new and up coming Trinity Rise Estate.

With blocks priced from $180,000 and ranging between 383m2 to 535m2 within the first 9 proposed lots available.

Perfect for first home buyers, investors or those looking to downsize and retire!

With a provision made for a large public open space on the southern end of the development, the Developers have plans to provide an area complete with a walking trail through the native vegetation to enable the community to enjoy the environment without causing damage to the existing vegetation.

Within close proximity to the Bunbury Hospital, Southwest Sports Centre, local shops and just a short drive into the Bunbury CBD and beautiful local beaches. You do not want to delay on this opportunity.

We are scheduled to complete construction by late September.
There are a couple of clearance issues that are being sorted out but we anticipate these being resolved shortly.

At this stage we believe we should have sign off on all subdivision conditions by end of October.
On that basis we hope to have titles issued by late November.

TITLES EXPECTED TO BE DUE DECEMBER 2023

Contact your exclusive agent Brent Spooner on 0417 002 082 for further information.

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Property History for 20/70 Winthrop Ave, College Grove, WA 6230

A timeline of how this property has performed in the market
  • 28 Mar 2022
    Listed for Sale $220,000

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About College Grove 6230

The size of College Grove is approximately 5.7 square kilometres. It has 4 parks covering nearly 35.4% of total area. The population of College Grove in 2011 was 1,484 people. By 2016 the population was 1,587 showing a population growth of 6.9% in the area during that time. The predominant age group in College Grove is 40-49 years. Households in College Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in College Grove work in a professional occupation. In 2011, 73.1% of the homes in College Grove were owner-occupied compared with 76.6% in 2016.

College Grove has 588 properties. Over the last 5 years, Houses in College Grove have seen a 109.06% increase in median value, while Units have seen a 26.94% increase. As at 30 September 2024:

  • The median value for Houses in College Grove is $601,433 while the median value for Units is $531,470.
  • Houses have a median rent of $620.
There are currently 23 properties listed for sale, and no properties listed for rent in College grove on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in College grove.

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