27 Bovell Ave, Margaret River is a 3 bedroom, 1 bathroom House and was built in 1979. The property has a land size of 945m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2014.
There is no denying that this house needs some love or perhaps land bank and redevelop at a later date but there is definitely potential no matter which way you look at it. You can move in and slowly renovate the 3 bed, 1 bath home and make it your castle. You could rent it out and make a sweet little earn on it or you could just start again and rebuild where there are no building covenants (except for local Shire requirements) and build a home on a big 945sqm block located not far from the main street. The zoning here allows for a granny flat to be built down the back which would increase your return on investment (subject to Shire approval). If this is the type of property you are looking for, well then you really need to inspect to see the value and potential.
The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.
Margaret River has 6,051 properties. Over the last 5 years, Houses in Margaret River have seen a 111.73% increase in median value, while Units have seen a 118.90% increase. As at 30 June 2026:
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