19 Possum Way, College Grove WA 6230

19 Possum Way, College Grove WA 6230
4 bed family home | College Grove 634sqm | 17.4% annual growth | Tuart Forest Primary 2.1km | 80% owner-occupied street The property offers a rare combination of land size and positioning within a tightly held suburb. At 207sqm of building on 634sqm, the floorplan provides genuine separation for a family, while the 80% owner-occupancy rate on Possum Way signals low turnover and stable neighbourhood character. The 17.4% annual growth in College Grove reflects genuine demand pressure from families priced out of Bunbury’s inner ring, and the proximity to Tuart Forest Primary and Newton Moore Senior High means the house will consistently attract buyer enquiry. For a purchaser seeking a long-term family home with solid capital prospects, this property’s configuration and street profile reduce holding risk compared to newer subdivisions. The main risk is the 2002 sale date, which suggests the property may require updating to meet current expectations, particularly in kitchen and bathroom fit-out. This is an opportunity to negotiate on condition rather than location. The 0% auction clearance rate for the suburb indicates limited competitive tension, so a well-timed offer before the May 16 inspection could secure the property below replacement cost. Hold for at least five years to capture the demographic tailwind from the under-20 cohort moving into home ownership.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 19 Possum Way, College Grove WA 6230
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Market Insight:

College Grove is a tightly held family suburb with strong demand from owner-occupiers, evidenced by rapid sales and a negligible rental vacancy. Recent price growth has been robust, driven by this demographic seeking established homes on generous lots. Future performance is underpinned by sustained family demand but faces sensitivity to interest rates given the high proportion of mortgaged households.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

634mยฒ

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