4 University Close, College Grove WA 6230

4 University Close, College Grove WA 6230
Large block | quiet cul-de-sac | stable owner suburb | bushfire overlay noted The propertyโ€™s primary competitive edge is its 817 mยฒ block in a tightly held College Grove cul-de-sac, where 79% of residents are owner-occupiers and long-term tenure is common. The single living area and 1996 build suggest a functional floorplan rather than a premium design, but the land size and solar power give it a practical edge for families or investors seeking a low-maintenance holding with expansion potential. The current asking price sits within the mid-to-high $700,000s, aligning with automated estimates and positioning it as a credible mid-market Bunbury option for owner-occupiers prioritising space over finish. The bushfire overlay is the primary risk and must be investigated for vegetation proximity, access constraints, and insurance implications before any offer is made. Parking figures vary between one and three spaces, which may matter for households with multiple vehicles. The property last transacted in 2021, but the prior sale price is not confirmed, making it difficult to gauge vendor equity or motivation. For a buyer, the opportunity lies in the block size and stable suburb profile, but the bushfire overlay and limited living areas narrow the buyer pool and should be used to negotiate from a position of caution.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 4 University Close, College Grove WA 6230
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

817mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat