OFF MARKET

12 Formosa Street
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 200m2
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Property Details for 12 Formosa St, Margaret River

12 Formosa St, Margaret River is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 200m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
2019
Floor Size
94m2
Land Size
200m2
Local Government
Augusta-Margaret River
Lot/Plan
6/S069184

Last Listing description (March 2018)

***$10,000 REBATE AT SETTLEMENT***TUCKED AWAY IN A PRIVATE ENCLAVE AND SURROUNDED BY TOWERING KARRI TREES, NUMBER ONE HIGGINS STREET IS AN EXCLUSIVE MARGARET RIVER ADDRESS RESERVED FOR JUST 30 LUXURY HOME SITES.THIS UNIQUE FOREST COMMUNITY IS JUST A 3 MINUTE STROLL TO THE MARGARET RIVER TOWN CENTRE WITH SHOPS, CAFES AND RESTAURANTS. CONNECTED BY WALKING TRACKS TO THE RIVER, EACH SITE OFFERS VIEWS ONTO NATIONAL FOREST.TITLES HAVE ISSUED - POWER, TELEPHONE, SEWER AND WATER AVAILABLE.COTTAGE LOTS OF 200SQM - 362SQM IN AREA DESIGNED TO ACCOMMODATE IN TOWN LIVING FOR BUSY PEOPLE, DOWN SIZERS, AND LOCK UP AND LEAVE.FULL INFORMATION INCLUDING STRATA PLAN AND BROCHURE AVAILABLE ON REQUEST BY CONTACTING EXCLUSIVE AGENTS AT STOCKER PRESTON ON 9780 5777.

Property History for 12 Formosa St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$190,000
13 Mar 2018
  • 14 Mar 2018
    Listed for Sale UNDER OFFER
  • 13 Mar 2018
    Sold for $190,000

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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.