42 Bovell AvenueMargaret River WA 6285
Property Details for 42 Bovell Ave, Margaret River
Last Listing description (February 2020)
The time to invest is now! This perfectly positioned 1,257sqm block in the heart of Margaret River is within walking distance to schools, TAFE, the main street and morning markets!
Zoned R30/40 this block also had prior plans approved for a five unit site! Perfect to build and make a great rental return on the ever starved rental market or sell all units off and go on to your next project!
Alternatively, you could build 1,2,3 or 4 homes in the available zoning of your choice depending on your preferred block size. All amenities are available to the block - with all the hard work, like septic tank removal, already being done.
There's no better time like the present to set yourself up for the future or build a well-placed home, leaving some land in the bank for a later sale.
Call me today to discuss all these opportunities further or to see the owner's plans. All full working plans only $25,000 should you wish to use these well designed two storey, concept units.
Property History for 42 Bovell Ave, Margaret River, WA 6285
- 26 Jul 2017Listed for Sale Not Disclosed
- 15 Dec 2015Listed for Sale $550,000
- 10 Dec 2014Listed for Sale $575,000
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About Margaret River 6285
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:
- The median value for Houses in Margaret River is $1,173,270 while the median value for Units is $672,764.
- Houses have a median rent of $780 while Units have a median rent of $643.
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