SOLD
RECENT ADVICE
Sold on 21 Aug 2024 for $930,000

17 Le Souef Street
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1095m2
Save

Property Details for 17 Le Souef St, Margaret River

17 Le Souef St, Margaret River is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1095m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Margaret River in the last 12 months.

Building Type
House
Land Size
1095m2

Last Listing description (August 2024)

Delight in the boundless potential offered at 17 Le Souef St, centrally located in town. This older 3-bedroom, 1-bathroom house is an investor's dream, boasting a sizeable 1095 square metre elevated block with the much-coveted zoning of R30/40. Astute developers and land bankers will immediately recognise the potential lucrative opportunity to craft a development comprising 3, 4, or even 5 units with some smart planning.

Positioned in the short-stay permissible zone, this property is ripe for transformation, enabling you to harness its potential. Presently leased to an excellent tenant eager to extend their stay, you can enjoy a steady rental income as you orchestrate your future development plans.

Strategically located close to local schools and main street, the property encapsulates the convenience of urban living. The property's adaptability, coupled with its enviable central location close to all the regional delights, secures its bright future irrespective of the path you choose.

Seize the chance to own a slice of Margaret River with plenty of potential.

Contact Tim Beeson from The Agency Margaret River to organise an inspection today.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 17 Le Souef St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$930,000
21 Aug 2024
Listed for Rent
$480/w
07 Dec 2022
  • 21 Aug 2024
    Sold for $930,000
  • 09 Aug 2024
    Listed for Sale Offers above $929,000
  • 09 Nov 2022
    Listed for Rent $480 / week
Sign in to see more transactions

Commute Calculator

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

Market Insights
Margaret River Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Margaret River Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Tim Beeson
Show contact details
The Agency Perth
Preferred contact:
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.