18 Formosa StreetMargaret River WA 6285
Property Details for 18 Formosa St, Margaret River
18 Formosa St, Margaret River is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 200m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Margaret River in the last 12 months.
Last Listing description (January 2024)
Introducing a captivating contemporary home nestled in the heart of Margaret River, providing an idyllic retreat for weekenders, investors, or those seeking a low-maintenance lock-up-and-leave lifestyle. This stunning residence, built in 2021, showcases a meticulously designed home that boasts a great sense of space and a natural feel, blending seamlessly with its forest surroundings.
Discover two spacious bedrooms, each with their own stylish modern bathroom and ample wardrobe space. The house is beautifully arranged with bedrooms downstairs and an open-plan living and dining area upstairs. Experience a real touch of Margaret River as you relax on the spacious outdoor balcony, complete with a built-in bar and breathtaking forest views.
The house is equipped with premium features such as polished concrete flooring downstairs, French oak floors upstairs, double glazed windows throughout, air conditioning in the main living area and main bedroom, and a modern chef's kitchen with stone countertops, island bench/breakfast bar, and high-quality 900mm Ilve oven and 6 burner cooktop. Other luxurious amenities include a walk-in butler's pantry, an outdoor shower, double garage with direct house access, and plenty of storage space.
Set on 200 square metre block, this residence is directly across from a bush reserve, offering immediate access to forest trails and walking paths. Yet, the conveniences of Margaret River's main street are just a couple of hundred metres away. Additionally, this property is situated within the short-stay zone and has holiday house approval, making it a superb investment opportunity for those looking to capitalise on its popularity as a short-term accommodation hotspot.
Embrace the perfect balance of modern luxury, natural beauty, and unmatched convenience in this exquisite Margaret River abode, ideal for downsizers or those seeking a serene retreat with an international style.
Don't miss out on this exceptional opportunity – please call Tim Beeson at The Agency Margaret River to arrange a viewing 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 18 Formosa St, Margaret River, WA 6285
- 14 Jan 2024Sold for $950,000
- 05 Sep 2023Listed for Sale Not Disclosed
- 09 Jun 2020Sold for $210,000
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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 5,813 properties. Over the last 5 years, Houses in Margaret River have seen a 91.27% increase in median value, while Units have seen a 93.81% increase. As at 31 December 2024:
- The median value for Houses in Margaret River is $878,411 while the median value for Units is $526,786.
- Houses have a median rent of $700 while Units have a median rent of $550.
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