Sold
1 Eastwell Road, Australind WA 6233
Sold price: $530,000
Sold: 01 Jul 2022
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 2,023m2
House
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Development property with an income
This property is located close to the estuary in Australind and Zoned R15/30/50.
The land content is 2024m2* which would allow for 7 strata lots to be developed using the R30 coding (subject to approvals). The house on the property is currently leased, so you can earn an income while you get your development plans ready, or you could develop that back half and then remove the current house and develop the second half.
The location is great and there is a real shortage of land in the area, so the time is right for this type of investment.
• 2024m2 of Development Land.
• Zoned R15/30/50.
• 7 Unit Development site.
• Sewer, power & gas are all connected to the main dwelling.
• Great Location in Central Australind.
Property snapshot by reiwa.com
This property at 1 Eastwell Road, Australind is a three bedroom, one bathroom house sold by Mick Caddy and Zach Caddy at Elders Real Estate South West on 01 Jul 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Australind or see other recently sold properties in Australind.
Nearby schools
Australind overview
The town of Australind is located on the shores of Leschenault Eastuary, 165 kilometres south of Perth and 12 kilometres northeast of Bunbury. In 1840 a company named the Western Australian Company was formed in England with the objective of purchasing lands in Western Australia and applying certain principles of colonisation and emigration as laid down by one of the Directors, Edward Gibbon Wakefield. The Company purchased 103,000 acres on Leschenault Inlet, and named the settlement proposed there "Australind", a combination of Australia and India.
Life in Australind
Residents of Australind can enjoy all the attributes of living close to the coast, while being part of a connected community. Bunbury is only a short drive away however within the suburbs there is the Australind Village Shopping Centre, a 24/7 Spud Shed Store and the 18-hole Bunbury Golf Club. There are two high schools and six primary schools in the area.
Australind quick stats
High end
$700k
Median
$610k
Low end
$533k
23.2 %
Annual growth
$610k
Annual median sales price
$650pw
Annual median rental price
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