Before the war, this was weatherboard shacks on big open blocks.
Bay View Crescent, in Old Dunsborough, has averaged $5.63M a house over five years, almost five times the typical house in town. Since 2010 the City of Busselton's rules have kept the old beach feel: nothing over 7.5 metres near the water, houses set 10 metres back, open fences, not walls.
The blocks run from 484 to 1,012 m², and some sit right on the water's edge. 95% of homes on the street are owner-occupied, against 73% across town. Just six houses have sold in five years. The latest went for $8M in August.