SOLD
Sold on 20 Jun 2024 for $1,975,000

11067 Bussell Highway
Forest Grove WA 6286

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 786078m2
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Property Details for 11067 Bussell Hwy, Forest Grove

Building Type
Rural
Land Size
786078m2
Local Government
Augusta-Margaret River
Lot/Plan
2/D072552

Last Listing description (September 2024)

Escape to the serenity of rural living with this 78-ha rural property adjacent to pristine State Forest Reserve. Perfectly positioned just a 15-minute drive from Margaret River along Bussell Hwy,With sprawling hectares of land at your disposal and the gentle whisper of the forest breeze, you will easily find tranquillity and solace of rural living as you escape the hustle and bustle of urban living.Conveniently located within close proximity to Margaret River and only7 kilometres to Witchcliffe, you can enjoy the best of both worlds : the peace of rural living and easy access to essential amenities and services.The newly installed stock water troughs, pumps and water lines all connected to the reliable soak/ dam ensure your agricultural endeavours will be supported with excellence. With brand-new fencing on three sides, whether you envision grazing livestock, cultivating hay or sileage, utilising the property as a run-off lot or exploring a tourism venture this land offers excellent versatility for various pursuits. Another easy option is to just sit back and enjoy the property whilst you collect the rent from the current lessee (who is keen to continue to look after the land).Large parcels of land of this size are difficult to find so make sure you don't miss the opportunity and book an inspection today.

Property History for 11067 Bussell Hwy, Forest Grove, WA 6286

A timeline of how this property has performed in the market
Last Sold
$1,975,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $1,975,000
  • 03 May 2024
    Listed for Sale FROM $1,950,000 + GST if Applicable
  • 20 Mar 2023
    Sold for $1,750,000
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About Forest Grove 6286

The size of Forest Grove is approximately 127.9 square kilometres. It has 7 parks covering nearly 33.9% of total area. The population of Forest Grove in 2011 was 236 people. By 2016 the population was 269 showing a population growth of 14.0% in the area during that time. The predominant age group in Forest Grove is 60-69 years. Households in Forest Grove are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Forest Grove work in a managers occupation. In 2011, 59.5% of the homes in Forest Grove were owner-occupied compared with 58% in 2016..

Forest Grove has 185 properties. Over the last 5 years, Houses in Forest Grove have seen a 92.43% increase in median value, while Units have seen a 12.18% increase. As at 31 October 2024:

  • The median value for Houses in Forest Grove is $983,283 while the median value for Units is $353,850.
There are currently 4 properties listed for sale, and 1 property listed for rent in Forest grove on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Forest grove.

Suburb Insights for Forest Grove 6286

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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.