SOLD
RECENT ADVICE
Sold on 12 Oct 2024 for $450,000

2/118 Bussell Highway
Margaret River WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 102m2
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Property Details for 2/118 Bussell Hwy, Margaret River

Building Type
Commercial
Year Built
1984
Floor Size
102m2
Land Size
102m2
Local Government
Augusta-Margaret River
Lot/Plan
2/S013081

Property History for 2/118 Bussell Hwy, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$450,000
12 Oct 2024
  • 12 Oct 2024
    Sold for $450,000
  • 10 Jan 1986
    Sold for $66,000

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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 5,793 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 61 properties listed for sale, and 13 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 356 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.