OFF MARKET

40/20 Riedle Drive
Gnarabup WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 369m2
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Property Details for 40/20 Riedle Dr, Gnarabup

40/20 Riedle Dr, Gnarabup is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 369m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1996
Land Size
369m2
Local Government
Augusta-Margaret River
Lot/Plan
40/S032121

Last Listing description (October 2021)

No doubt about it, the owners of this charming beachside villa are moving on and have priced this property to sell fast.

Upon entering you will feel a wonderful sense of light and space with its towering, vaulted ceilings, spacious interior and northern aspect, but this is only part of its charms!

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The ground floor is the main living area containing 2 large bedrooms, 2 bathrooms, kitchen and a wonderful easy living space that looks over the garden and private north-facing terrace, which the owner has given a cool beachy vibe. Up the stairs to a huge mezzanine with a multipurpose area that could be used as a 3rd bedroom (large enough to sleep four), second living area or art studio providing amazing light.

The villa is located on a corner block and one of the largest in "The Break" which also boasts a glittering swimming pool with a large outdoor entertainment space and nicely keep gardens around the complex. The homes that make up The Break are all free standing 2 storey villas that sustain a great little community of residents, small families and retirees.

A bonus for the investor is that approximately one third of the villas are managed by a professional short-term rental agency providing good return on investment, not to mention a world renowned holiday destination when it's your turn for some down time.

The thing I love the best, you are walking distance to Margaret River's premium surf breaks and swimming beaches like Surfers Point, Boaties and Boodjidup. That same easy walk will also take you past the iconic White Elephant Caf, The Common Bar, Prev store or just a scenic ocean view.

If you are looking for a great beachside investment this property is it, only 10 minutes' drive from the bustling tourist town of Margaret River and all the natural wonders this region has to offer. Book an appointment today and avoid the disappointment of missing out.

Property History for 40/20 Riedle Dr, Gnarabup, WA 6285

A timeline of how this property has performed in the market
Last Sold
$625,000
08 Aug 2021
  • 08 Aug 2021
    Sold for $625,000
  • 27 May 2021
    Listed for Sale $625,000
  • 12 May 2003
    Sold for $300,000
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About Gnarabup 6285

The size of Gnarabup is approximately 2.5 square kilometres. It has 4 parks covering nearly 92.4% of total area. The population of Gnarabup in 2011 was 351 people. By 2016 the population was 467 showing a population growth of 33.0% in the area during that time. The predominant age group in Gnarabup is 40-49 years. Households in Gnarabup are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Gnarabup work in a managers occupation. In 2011, 61.9% of the homes in Gnarabup were owner-occupied compared with 71.6% in 2016.

Gnarabup has 446 properties. Over the last 5 years, Houses in Gnarabup have seen a 98.11% increase in median value, while Units have seen a 323.82% increase. As at 31 October 2024:

  • The median value for Houses in Gnarabup is $1,061,883 while the median value for Units is $468,718.
There are currently 10 properties listed for sale, and no properties listed for rent in Gnarabup on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Gnarabup.

Suburb Insights for Gnarabup 6285

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.