414 Marine Terrace, Geographe WA 6280
414 Marine Terrace, Geographe WA 6280
Elevated 721m² block | 4/2/2 house | 250m to beach | powered shed with lean-to | side access
This property offers a rare balance of size, function, and location. The 721 square metre elevated block is larger than much of the surrounding coastal stock, and the four bedroom, two bathroom layout with a powered 5 by 5 metre shed and lean-to gives it genuine versatility. Being within 250 metres of Geographe Bay, with town gas, scheme water, and deep sewer already connected, it serves families and coastal lifestyle buyers who want a practical home with strong outdoor utility. The side access supports boats, caravans, or trailers, which is a meaningful advantage in this beachside corridor. For buyers seeking a substantial established house on an above‑average lot, this property stands out as a rare find.
The price may be driven more by the land and proximity than by the house’s finishes, which appear standard for its era. Possible views or sea breezes depend on the unfilled orientation, so a buyer should verify the actual outlook before forming a firm bid. Original condition could mean renovation costs, and the high asking price might already account for that potential. Still, the combination of a large elevated block, a functional shed, and walk‑to‑beach convenience gives this property strong appeal that may justify the premium.
>> Comparable Sales: 284 Marine Terrace $826k (2025), 334 Marine Terrace $550k (1990) | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, beach proximity, shed and side access
Detailed Independent Property Report prepared by PropCred Analyst team for 414 Marine Terrace, Geographe WA 6280
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Geographe, a tightly held coastal suburb near Bunbury, is drawing affluent owner-occupiers and families, with just 10 properties on the market and houses selling in a median 14–15 days. The median house price sits around $923,000, up 10–12% over the past year, while annual sales of 94–124 houses signal active but inventory-constrained turnover. Capital growth is rated premium, and a 38.9% unit-to-house ratio plus elevated new residential building values point to sustained developer interest. The principal constraint is scarcity: near-zero development applications and rapid absorption keep upward pressure on prices, though thin supply limits transaction volume.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
721m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst