SOLD
Sold on 16 Jul 2024 for $565,000

16/5 Station Road
Margaret River WA 6285

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 189m2
Sold By
Paul Manners
Space Real Estate
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Property Details for 16/5 Station Rd, Margaret River

16/5 Station Rd, Margaret River is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 189m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Margaret River in the last 12 months.

Building Type
Townhouse
Year Built
2007
Land Size
189m2
Local Government
Augusta-Margaret River
Lot/Plan
16/S033496

Last Listing description (September 2024)

Enjoy the convenient location and low maintenance living this townhouse has to offer. Located a few minutes walk to the main street of town, cafes, shops, restaurants, schools, markets and nightlife. This property offers great flexibility with the security to 'lock and leave' for FIFO workers and couples that travel for work.ACCOMODATION2 Large bedrooms2 Bathrooms2 Toilets1 Large Living areaGenerous Alfresco AreaLock up garageFEATURESLots of natural lightAmple storageKitchen with breakfast barGas fire placeSplit System Air ConditioningLarge Linen cupboardLaundry with additional storageTiled living areas and entranceSingle garage with remote control and internal house accessGated front entranceTERMS12 month LeaseAvailable 27th AugustNot suitable for pets

Property History for 16/5 Station Rd, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$565,000
16 Jul 2024
Listed for Rent
$600/w
05 Sep 2024
  • 20 Aug 2024
    Listed for Rent $600 / week
  • 16 Jul 2024
    Sold for $565,000
  • 08 Jul 2024
    Listed for Sale Offers from $485,000
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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 5,788 properties. Over the last 5 years, Houses in Margaret River have seen a 99.01% increase in median value, while Units have seen a 132.13% increase. As at 31 October 2024:

  • The median value for Houses in Margaret River is $870,796 while the median value for Units is $541,593.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 63 properties listed for sale, and 5 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 363 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.