SOLD
Sold on 23 Sep 2024 for $630,000

2/27 Kunzea Loop
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 429m2
Sold By
Acton | Belle Property South West
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Property Details for 2/27 Kunzea Loop, Margaret River

2/27 Kunzea Loop, Margaret River is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 429m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Margaret River in the last 12 months.

Building Type
House
Year Built
2003
Floor Size
129m2
Land Size
429m2
Local Government
Augusta-Margaret River
Lot/Plan
2/S044453

Last Listing description (October 2024)

Welcome to 2/27 Kunzea Loop, this great investment opportunity with immediate return is waiting for you.

Right in the heart of the magical Margaret River Wine Region, this is the best value 4 bedroom, 2 bathroom property on the market, currently tenanted, it's a great rental investment, you really don't want to miss this smart buying opportunity.

Just 3kms from the main shopping strip and nestled in a nice quiet street, this double-brick home is open plan in design and has a large kitchen overlooking an extensive undercover area, providing plenty of space for kids to play or to entertain guests.

The property also offers two separate living areas making life that little bit easier. The outside of the home is very low maintenance, comprising 2 paved courtyards with room for a veggie patch and fruit trees, a small workshop and extra garden shed.

4 Bedrooms, 2 bathrooms
2 Living areas
Close to Parkland
Small workshop
Alfresco area
Built in 2003
Two space carport
429sms land
Currently tenanted till 4/07/2025 for $720pw

Property History for 2/27 Kunzea Loop, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$630,000
23 Sep 2024
Listed for Rent
$570/w
30 Jun 2022
  • 23 Sep 2024
    Sold for $630,000
  • 02 Sep 2024
    Listed for Sale Offers over $625,000
  • 18 Apr 2024
    Listed for Rent $730 / week
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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.