OFF MARKET

11 Riverslea Drive
Margaret River WA 6285

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 199m2
Land area: 1042m2
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Property Details for 11 Riverslea Dr, Margaret River

11 Riverslea Dr, Margaret River is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 1042m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
2002
Floor Size
199m2
Land Size
1042m2
Local Government
Augusta-Margaret River
Lot/Plan
509/P030950

Last Listing description (February 2023)

Few can resist the charm of a cottage-style home with distinguished high ceilings, contemporary and spacious interior, and alluring verandas to complement a peaceful, leafy outlook. Set on a large established parcel of land in a quiet corner of the town, this immaculately presented home is metres from the Margaret River foreshore, Warperup Creek, 10-mile Dam Walk/Cycle Trail and a leisurely 15-minute walk into town, offering any family endless lifestyle and/or income opportunities. The main entrance and hallway lead towards the large, modern open-plan living area. The space boasts raked ceilings, with pin-lights and ceiling fan, light-oak timber flooring and an impressive corner kitchen with the marble-topped, angled island bench being the focal point. Vast storage ideas, stainless steel appliances, two ovens and a 900ml gas cooktop are some of the features in this unique space, with pendant cafe lighting complimenting the breakfast bar. Beyond the living area, two double-sized bedrooms, a family bathroom with spa-bath, a separate toilet, laundry and a master bedroom are accessible from the tiled hallway. The rooms are spacious and feature carpets or timber flooring and built-in wardrobes. The master bedroom is fully carpeted with a walk-in wardrobe and large ensuite boasting double vanity basins and a rain-head shower. The staircase leads to the loft-style top floor and features two king-sized bedrooms (one with a private Juliet balcony). A separate study/library space separates the two bedrooms, with carpet and air conditioning. The ground floor seamlessly incorporates the open plan living space and the alfresco, decked area with bespoke use of French glass doors. The entertaining area offers an exceptional dining experience with timber screening for added privacy. Well-maintained, reticulated gardens with striking trees compliment this beautiful home; they are visually appealing and provide much-needed shade throughout the summer. FEATURES Double remote-controlled garageFive car driveway Outside Shower Gated side accessLandscaped easy-care gardens Freshly painted rendered finish Two reverse cycle split systems Additional lockable storage areasOption to acquire all furniture and fixtures to operate as a 'ready-to-go' holiday rental with future bookings A superb location, close to Margaret River town centre, this property has recent reapproved three-year planning permission for short-term holiday rental with a strong income history. For your private inspection, please contact Paul Manners, your Southwest Property Specialist.

Property History for 11 Riverslea Dr, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$870,000
06 Jan 2023
  • 06 Jan 2023
    Sold for $870,000
  • 18 Jul 2022
    Listed for Sale Offers from $895,000
  • 24 Oct 2017
    Sold for $651,500
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About 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 5,813 properties. Over the last 5 years, Houses in Margaret River have seen a 98.28% increase in median value, while Units have seen a 170.70% increase. As at 30 November 2024:

  • The median value for Houses in Margaret River is $885,124 while the median value for Units is $569,156.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 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.