OFF MARKET

Wellstead Road
Bremer Bay WA 6338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 388000m2
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Property Details for Lot 400 Wellstead Rd, Bremer Bay

Building Type
Land
Land Size
388000m2
Local Government
Jerramungup

Last Listing description (May 2017)

That's not a misprint. $349,000 for a 38.8ha (96 acre) property with development approvals in place. Owner wants it sold TODAY due to ill health. Well located close to town and the beaches. Not far from the caravan park and next to the museum on Wellstead Road, this 96 acres is central to all the attractions of Bremer Bay. That's 96 acres! Compare the price with other much smaller lots around - yes $349,000 and its yours! Sit on it, build a shack, hand the potential to the kids or chip away at getting the titles in place and realise the potential! Approvals in place to subdivide into 8 x 1.55ha blocks. Plus a 17ha lot that will allow for a residence and a few chalets. Add up the possible sale price of each of the resulting lots and you can get this for just $349,000! The chalet lot is well located to take advantage of the tourist trade close to town and also the beaches. Consider building the chalets, or just one at a time, maybe build the main residence on the large lot whilst sitting on the 8 other 1.17ha lots. You've also got the opportunity to leave it to the kids and call this a land bank investment and just go fishing! Take a good look at this opportunity today, as it wont hang around. All the hard planning work has been done, this will be sold! For more information contact your South West Real Estate Agent, David Cross on 0439 496 926.

Property History for Lot 400 Wellstead Rd, Bremer Bay, WA 6338

A timeline of how this property has performed in the market
  • 10 May 2017
    Listed for Sale $349,000
  • 13 Dec 2016
    Listed for Sale Offers Presented By 31st January 2017
  • 15 Jun 2016
    Listed for Sale $599,000

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About Bremer Bay 6338

The size of Bremer Bay is approximately 616.9 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Bremer Bay in 2011 was 570 people. By 2016 the population was 376 showing a population decline of 34.0% in the area during that time. The predominant age group in Bremer Bay is 50-59 years. Households in Bremer Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bremer Bay work in a managers occupation. In 2011, 59.9% of the homes in Bremer Bay were owner-occupied compared with 60% in 2016.

Bremer Bay has 892 properties. Over the last 5 years, Houses in Bremer Bay have seen a 151.48% increase in median value, while Units have seen a 532.73% increase. As at 31 October 2024:

  • The median value for Houses in Bremer Bay is $635,994 while the median value for Units is $453,014.
There are currently 9 properties listed for sale, and no properties listed for rent in Bremer bay on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Bremer bay.

Suburb Insights for Bremer Bay 6338

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Disclaimer
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.