8 Walkington AvenueMargaret River WA 6285
Property Details for 8 Walkington Ave, Margaret River
8 Walkington Ave, Margaret River is a 3 bedroom, 1 bathroom House. The property has a land size of 920m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Margaret River in the last 12 months.
Last Listing description (July 2024)
Whether you see an investment gem or your new home, this convenient, flexible property in the heart of Margaret River presents a rare and captivating opportunity for developers, investors and owner occupiers alike.
With a generous 920sqm of land and the current R30/40 zoning to work with, 8 Walkington Avenue boasts immense development potential, offering the possibility of both Green Title and Strata subdivisions. Furthermore, its sits within the permissible zone for short stay accommodation, in accordance with the Augusta Margaret River Shire's local planning policy, enhancing its appeal as a lucrative investment in this tourist town.
This charming renovated cottage, set forward on the block, features a flexible floor plan with 3-4 bedrooms—or a combination of living spaces and office—a modernised bathroom, and a central living area bathed in natural light from a large skylight. The warmth of a wood stove adds to the ambience, while the refurbished kitchen, resplendent with Marri timber benchtops and classic Jarrah floorboards, infuses the home with local character.
Step outside to discover the sun-drenched, north-facing rear deck with a vine-covered pergola providing filtered shade during the summer months. The expansive backyard, replete with a variety of mature fruit trees and fertile vegetable gardens, faces onto a rear laneway that provides a handy additional access point.
Perfect for young families, this residence is ideally situated opposite the Margaret River Primary School on the other side of the laneway, and within an easy walk to the high school and main street of Margaret River.
For investors, the property's prime location, short stay capability, and subdivision potential signify a wise addition to any portfolio. For families, couples or singles, this lovely home offers ample scope for personalisation and further refinement if you so choose. But as it's already benefited from a renovator's touch, it needs nothing but a new family to move in and enjoy it.
Please call Tim Beeson from The Agency Margaret River to organise and inspection of this amazing opportunity.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 8 Walkington Ave, Margaret River, WA 6285
- 10 Jul 2024Sold for $880,000
- 27 Jun 2024Listed for Sale Offers above $825,000
- 28 Jun 2019Sold for $20
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0About Margaret River 6285
The size of Margaret River is approximately 61.3 square kilometres. It has 32 parks covering nearly 21.9% of total area. The population of Margaret River in 2011 was 6,328 people. By 2016 the population was 7,650 showing a population growth of 20.9% in the area during that time. The predominant age group in Margaret River is 30-39 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margaret River work in a trades occupation. In 2011, 61.8% of the homes in Margaret River were owner-occupied compared with 65.6% in 2016.
Margaret River has 5,744 properties. Over the last 5 years, Houses in Margaret River have seen a 112.41% increase in median value, while Units have seen a 25.67% increase. As at 31 July 2024:
- The median value for Houses in Margaret River is $886,953 while the median value for Units is $325,786.
- Houses have a median rent of $700 while Units have a median rent of $520.
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