42 Bottlebrush Drive, Margaret River WA 6285
42 Bottlebrush Drive, Margaret River WA 6285
Large 1183m² block | R10 zoning | Gnarabup SCA 3 controls | Detached house | Boat parking approved
This property holds a genuine competitive edge through its land size, sitting well above the typical suburban blocks found along this street. At 1183m², it offers rare spatial flexibility for a buyer wanting room for vehicles, storage, or outdoor lifestyle equipment without compromising on a conventional house footprint. The approved additions for a carport and boat parking area signal practical, usable improvements already considered within council parameters. It suits an owner-occupier seeking a low-density, established neighbourhood with space to breathe, rather than a compact estate product.
The Gnarabup Special Control Area introduces planning sensitivity around setbacks and design, which may limit how freely the land can be developed or reconfigured in future. The house itself appears to be a modest single-level dwelling, so its current condition and finish level might play a significant role in determining value relative to the land. Buyers should weigh whether the large block justifies a premium over smaller nearby homes, or whether the property’s older character and potential need for updating tempers that advantage. The lifestyle orientation, including boat parking, may appeal to a specific buyer profile rather than the broad market.
|| Comparable Sales: 16 Bottlebrush Drive sold Feb 2003, now est. $1.17M–$1.22M; 17 Bottlebrush Drive est. $1.14M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, planning constraints, dwelling condition
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Bottlebrush Drive, Margaret River WA 6285
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Margaret River WA 6285 is a lifestyle and tourism-driven market where professionals and trades predominate, with holiday-home and investor buyers adding weight to owner-occupier demand. House prices have climbed sharply: medians range from $862,500 (REIWA) to $981,500 (property.com.au), with annual growth between 19% and 26.4%; units trail at $662,500, up a modest 5.2%. Houses typically clear in 24 days, though five-bedroom stock lingers at 209 days. Tourism and short-stay accommodation underpin rental demand, with house rents of $750–$800 weekly and units around $650–$680. Infrastructure upgrades and residential developments support future growth, but affordability constraints and seasonal rental volatility remain key risks.
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PropCred Estimated Value
Comparable Sales: 16 Bottlebrush Drive sold Feb 2003, now est. $1.17M–$1.22M; 17 Bottlebrush Drive est. $1.14M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, planning constraints, dwelling condition
Bedrooms
4
Bathroom
2
Parking
2
Land
517m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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