136 Pead Road, Binningup, WA 6233 | Property Value & History | OnTheHouse
OFF MARKET

136 Pead Road
Binningup WA 6233

Bedrooms: 8
Bathrooms: 5
Car spaces: 2
Land area: 592622m2
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Property Details for 136 Pead Rd, Binningup

136 Pead Rd, Binningup is a 8 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 592622m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
House
Land Size
592622m2
Local Government
Harvey
Lot/Plan
61/P036388

Last Listing description (May 2026)

A rare opportunity to secure one of the most established and fertile rural properties on the coastal plains of Western Australia. Originally known as 'Myalup Farm', the namesake of the region, and first established in 1846 by Sir William Bunbury, this exceptional holding represents one of the longest continuously farmed properties in the state..

Comprising approximately 250 acres across two titles, the property combines scale, history and outstanding productivity, with all major infrastructure already in place. Currently operated as the highly regarded thoroughbred operator, Geisel Park Stud, the holding is equally suited to equine pursuits, horse ajistment, fat lamb production, sheep grazing or mixed farming, with the added benefit of being capable of full self-sustainability through on-farm hay production.
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PROPERTY OVERVIEW
Two titles, offered as a whole (preferred) or considered for separate sale
Combined landholding of approximately 250 acres
Dual road frontage providing excellent access and flexibility

Title 1 - 136 Pead Road (approx. 146 acres)
Core operational hub of the property
Fully established paddocks, including shelters and retic outlets
Extensive equine and farming infrastructure in place

Title 2 - Runnymede Road (approx. 100 acres)
Entry from Runnymede Road
Currently undeveloped with no structural improvements, other than paddocks & stock watering
Ideal for grazing and cropping
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INFRASTRUCTURE & IMPROVEMENTS
Purpose-built 52m x 14m stable complex with wash bay, prepping yards, bathroom facilities and staff room
18 day yards, each with shelters
Dedicated stallion stables and day paddocks for 4 x stallions with separate servicing barn
Fully fenced with Equimesh boundary fencing and divided into 27 paddocks with mainly Horserail internal fencing. Property divided internally into 5 sections with Equimesh (for sheep)
Multiple machinery sheds and hay storage facilities
Established internal road network
Extensive irrigation infrastructure, power supply and water systems
Single and three-phase solar powered farm
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WATER & PRODUCTIVITY
240,000kL irrigation water licence (transferable, subject to approval)
Highly fertile soils regarded among the best on WA's coastal plains - former dairy farm
Proven performance as a fat lamb production property
Year-round green feed supporting high stocking rates
Capability for hay production, enabling self-sufficient farming operations
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WALK IN, WALK OUT OPPORTUNITY - EXCLUDING BLOODSTOCK
All the hard work has been done, offering a genuine turnkey operation with optional inclusion of high spec farming and operational machinery.
(Available by negotiation)
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HERITAGE SIGNIFICANCE
Originally established in 1846 by Sir William Bunbury
Historically known as 'Myalup Farm', the first farm in the area
Includes remains of the heritage-listed 'Pead's Cottage', reflecting the rich agricultural history of the region
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WHY THIS PROPERTY STANDS APART
One of the oldest continuously farmed holdings in Western Australia
Exceptional scale, infrastructure and water security
Flexible use across equine, sheep and mixed farming enterprises
Dual road frontage
Rare opportunity to secure a landmark rural asset
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ACCOMMODATION

Owner's Residence
Set within a picturesque rural Binningup landscape, this substantial residence has been thoughtfully designed for family living and entertaining.

Downstairs features three queen-sized bedrooms, each with double built-in robes and ceiling fans, complemented by quality timber flooring throughout. Two well-appointed bathrooms (including one with bathtub) and two toilets provide practicality for family living. A dedicated home theatre with French doors offers a private retreat, while a generous laundry provides direct access to both the garage and outdoors.

Upstairs is the heart of the home, showcasing a vast open-plan living and dining area with vaulted ceilings, plantation shutters and sweeping views across the property. The well-equipped kitchen includes twin ovens, double fridge recess, gas cooktop with wok burner, dishwasher and stainless steel appliances.
The upper level also hosts a private master suite complete with king-sized bedroom, walk-in robe, balcony access and a spacious ensuite with twin vanity. A separate WC, accessible from both the suite and hallway, adds further functionality. A wraparound balcony captures the tranquil rural surrounds and provides seamless indoor-outdoor living.

Farm Manager's Residence
Two living areas plus expansive outdoor entertaining overlooking enclosed yard and wide verandas
Renovated and updated throughout
Large kitchen with dishwasher
Four spacious bedrooms with robes and split system air conditioning
Two bathrooms, powder room and separate laundry

Donger Accommodation for Farmhands
Multiple accommodation units with a mix of bedroom, living, kitchen and bathroom facilities
Central outdoor communal area
Air conditioning throughout all dongers
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A tightly held rural asset of this calibre is seldom offered to the market. Whether expanding an existing enterprise or seeking a premium, turnkey farming operation, this landmark property presents an outstanding long-term investment opportunity.

Inspection by appointment - contact us today for further details.

LOCAL COUNCIL RATES:
136 Pead Road: $3,649.51 per annum approx.
Lot 102 Runnymede Road: $3,301.42 per annum approx.

Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.

Property History for 136 Pead Rd, Binningup, WA 6233

A timeline of how this property has performed in the market
Last Sold
$1,400,000
22 Mar 2007
  • 24 Apr 2026
    Listed for Sale Expressions of Interest
  • 22 Mar 2007
    Sold for $1,400,000
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About 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 2016 was 1259 people. By 2021 the population was 1296 showing a population growth of 2.9% in the area during that time. The predominant age group in Binningup is 60-69 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 2021, 72.80% of the homes in Binningup were owner-occupied compared with 66.40% in 2016.

Binningup has 951 properties. Over the last 5 years, Houses in Binningup have seen a 91.92% increase in median value, while Units have seen a 49.38% increase. As at 30 April 2026:

  • The median value for Houses in Binningup is $771,662 while the median value for Units is $806,411.
  • Houses have a median rent of $600.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Binningup on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Binningup.

Suburb Insights for Binningup 6233

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.