15/40 Wallcliffe RoadMargaret River WA 6285
Property Details for 15/40 Wallcliffe Rd, Margaret River
15/40 Wallcliffe Rd, Margaret River is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 3279m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Margaret River in the last 12 months.
Last Listing description (April 2019)
Great buying here!
Fabulous 1 bed room spa apartment conveniently located in the grounds of the hippest place in town, The River!
Under new management The River is certainly kicking some goals and without doubt the place to be seen! It goes without saying that the infectious popularity this place now enjoys has already started to rub off on bigger visitor numbers using the accommodation which in turn will improve returns for investors!
With all furnishings included in the price and taking into account the improving rental return and potential tax incentives on offer including negative gearing (assuming Labor don't win the election) then this really is a small price to enter the Margaret River property market.
Call today for more information or to arrange your own private viewing.
Property History for 15/40 Wallcliffe Rd, Margaret River, WA 6285
- 01 Aug 2024Sold for $6,100,000
- 10 Sep 2020Sold for $1,800,000
- 20 Mar 2019Listed for Sale $119,000
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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 5,814 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.
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