SOLD
Sold on 27 Mar 2024 for $710,000

171 Bussell Highway
Margaret River WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 157m2
Land area: 954m2
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Property Details for 171 Bussell Hwy, Margaret River

171 Bussell Hwy, Margaret River is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1957. The property has a land size of 954m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Margaret River in the last 12 months.

Building Type
House
Year Built
1957
Floor Size
157m2
Land Size
954m2
Local Government
Augusta-Margaret River
Lot/Plan
59/P006589

Last Listing description (May 2024)

Ideally located with Bussell Highway frontage this property offers a multitude of opportunities.Original 1950's cottage with large extension, situated to the front of the block, with a large vacant space behind fronting onto Walkington Avenue.- 956m2 lot with approximately 20m frontage to Bussell Highway- Approximately 52 metre frontage to Walkington Avenue- Residential Zoning- Special use as Professional Rooms- Short Stay permissible area (subject to shire approval)- Opposite Organic gardens, close to high school, primary school, and tertiary campus.- Walking distance to town centre.Available for private inspections.

Property History for 171 Bussell Hwy, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$710,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $710,000
  • 15 Nov 2023
    Listed for Sale OFFERS ABOVE $730,000
  • 06 Sep 1997
    Sold for $140,000
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About Margaret River 6285

The size of Margaret River is approximately 61.3 square kilometres. It has 32 parks covering nearly 21.9% of total area. The population of Margaret River in 2011 was 6,328 people. By 2016 the population was 7,650 showing a population growth of 20.9% in the area during that time. The predominant age group in Margaret River is 30-39 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margaret River work in a trades occupation. In 2011, 61.8% of the homes in Margaret River were owner-occupied compared with 65.6% in 2016.

Margaret River has 5,798 properties. Over the last 5 years, Houses in Margaret River have seen a 103.06% increase in median value, while Units have seen a 96.33% increase. As at 30 September 2024:

  • The median value for Houses in Margaret River is $886,294 while the median value for Units is $553,482.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 68 properties listed for sale, and 11 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

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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.