2/12 Holywell Street, South Bunbury WA 6230
2/12 Holywell Street, South Bunbury WA 6230
Three-bedroom townhouse | Under 100 metres from the beach | Two-storey coastal layout | Approved holiday accommodation plans
This townhouse occupies a rare position less than 100 metres from the shoreline, a location that immediately distinguishes it from the majority of stock in South Bunbury. The two-storey configuration places living and the balcony upstairs to capture sea breezes and light, while the master bedroom is positioned downstairs for convenience. The 1991 build is solid but not new, and the compact 239-square-metre lot suits buyers seeking low-maintenance coastal living rather than large land holdings. This property is best suited to downsizers, sea-change buyers, or investors targeting holiday accommodation, particularly given the approved short-stay application already lodged for the address.
Strata fees in the range of $2,200 to $2,700 per year are material for a small townhouse and should be weighed carefully against the property’s rental or holiday income potential. The difference between the reported sold price of $375,000 and the current marketing range suggests significant market movement, but the lack of confirmed nearby settled sales means that price positioning should be tested against recent evidence. The compact layout with bedrooms on both levels may limit appeal for buyers requiring single-level living. Approved plans for a balcony extension offer potential to improve the outdoor space, but the cost and timing of that work should be factored into any offer.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/12 Holywell Street, South Bunbury WA 6230
Market Insight:
South Bunbury is a family and professional-focused suburb benefiting from Bunbury’s infrastructure upgrades, offering relative affordability and a manageable commute. Demand is driven by families drawn to schools and green spaces, professionals seeking regional connectivity, and investors attracted by strong rental growth and tight vacancy rates. The market has experienced significant price appreciation, with houses selling quickly in a low-supply environment. Future growth is underpinned by ongoing development and population inflow, though risks include the market’s recent rapid price acceleration and the potential for a supply response to rebalance the tight rental conditions.