OFF MARKET

173 Bussell Highway
Margaret River WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 1012m2
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Property Details for 173 Bussell Hwy, Margaret River

173 Bussell Hwy, Margaret River is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 1012m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
2020
Floor Size
76m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
58/P006589

Last Listing description (March 2017)

Blocks of this size are getting rarer. The block appears on Plan 6589 which was surveyed in August 1956 as part of a 12ha subdivision bounded by Forrest Rd, Georgette Drive and Bovell Avenue. Interestingly, it was surveyed in metric measurements ten years before Australia changed to the metric system. It's on a 'Multi Lot' title with the adjacent property which is now under offer, but they will simply be separated at settlement. Positioned at the top of town, amongst expanding Margaret River education facilities, a very short walk to town and all facilities, this is a strategic and interesting location. Deep sewer is available, zoning is R15, and there are no covenants or any other encumbrances listed on the green title. Worth a chat to a planner to determine the possibilities for this vacant land.

Property History for 173 Bussell Hwy, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$259,000
20 Feb 2017
  • 20 Feb 2017
    Sold for $259,000
  • 12 Dec 2016
    Sold for $250,000
  • 06 May 2016
    Listed for Sale $569,000
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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 5,813 properties. Over the last 5 years, Houses in Margaret River have seen a 98.28% increase in median value, while Units have seen a 170.70% increase. As at 30 November 2024:

  • The median value for Houses in Margaret River is $885,124 while the median value for Units is $569,156.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 373 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.