24 Codrington Boulevard, West Busselton WA 6280
24 Codrington Boulevard, West Busselton WA 6280
4×2 family house | 704m² block | dual living zones | Peppermint Park estate | established coastal suburb
A genuine family edge is provided by the 704 square metre block and four bedroom two bathroom format in West Busselton’s Peppermint Park estate. Two separate living areas are rarely combined with this land size, giving the layout flexibility for households needing both shared space and private retreats. The circa 2000 build is complemented by established gardens, reticulation, and a practical floorplan. Double garage with internal access, covered alfresco, and a spacious backyard are included. This property is best suited to owner-occupier families, upgraders, and sea-changers looking for a usable block in a recognised estate.
Value may be most influenced by how block size and dual living zones are priced against newer compact builds. The circa 2000 construction might prompt buyers to factor in kitchen or bathroom updating. Estate location and street presentation may carry a modest premium, while the final price is likely to be decided by inspection condition.
>> Comparable Sales: 4 High Street, West Busselton (beachfront holding, not a direct match) | Property Price Band: $800K–$900K | Value Drivers: 704m² block, dual living zones, estate setting
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Codrington Boulevard, West Busselton WA 6280
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
!
1
Market Insight
West Busselton is a coastal WA suburb with median house prices from $805,000 to $917,000 and compound annual growth of 13.1–13.9%. Demand is led by an older, trade-qualified cohort, with the dominant 60–69 age bracket and certificate-level occupations underpinning steady owner-occupier buying. Population rose 4.13% since 2016 to 8,869. Annual sales run at 129–182 houses, and rents range from $580 for three-bedroom units to $850 for five-bedroom houses. Market velocity is split: some homes sell within 8–19 days, yet the median of 87 days on market exceeds WA’s 50-day average. Growth is supported by Geographe Bay Road connectivity and ongoing transaction infrastructure. Key constraints: affordability stretch after rapid appreciation, a unit segment with 3% growth, and a thin rental pipeline with six rentals available last month. Slower turnover at the top end points to buyer leverage.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
-
Land
704m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst