FOR SALE
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12 Stephen Street
Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 210m2
Land area: 130m2
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CBD Double Storey Building - Prime Investment Opportunity

12 Stephen Street is in the CBD of Bunbury in the South West of WA.
This building has the ability for development of an upstairs apartment of 80m2 and already has a secure tenant in the downstairs portion.
The search for a tenant for the upstairs section of the building is underway.
Rental returns on Commercial Property are between 6% and 7% per annum in this precinct.
Bunbury is undergoing significant infrastructure upgrades with a number of developments occurring near the CBD, namely:
* Water park
* 4-storey office development to house 400 government employees
* Apartment buildings
* Port is about to expand
* Road and kerbing upgrades have been completed
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Property Details for 12 Stephen St, Bunbury

Building Type
Commercial
Floor Size
210m2
Land Size
130m2

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About Bunbury 6230

The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of total area. The population of Bunbury in 2011 was 3,629 people. By 2016 the population was 3,758 showing a population growth of 3.6% in the area during that time. The predominant age group in Bunbury is 50-59 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation. In 2011, 53.5% of the homes in Bunbury were owner-occupied compared with 58% in 2016.

Bunbury has 3,230 properties. Over the last 5 years, Houses in Bunbury have seen a 61.80% increase in median value, while Units have seen a 85.10% increase. As at 30 September 2024:

  • The median value for Houses in Bunbury is $693,323 while the median value for Units is $507,071.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 8 properties listed for rent in Bunbury on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Bunbury.

Suburb Insights for Bunbury 6230

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Den Baldwin
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Richard Morgan
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HARCOURTS APG
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.