SOLD
Sold on 08 Aug 2024 for $1,080,000

20 Merchant Street
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 170m2
Land area: 968m2
Sold By
First National Real Estate Margaret River
Save

Property Details for 20 Merchant St, Margaret River

20 Merchant St, Margaret River is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1989. The property has a land size of 968m2 and floor size of 170m2. 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
Year Built
1989
Floor Size
170m2
Land Size
968m2
Local Government
Augusta-Margaret River
Lot/Plan
15/D075701

Last Listing description (November 2024)

Nestled on a serene leafy street on the western side of Margaret River, 20 Merchant Street offers a blend of comfort, convenience, and quality. The home spans 170sqm across a generous 968sqm block. It features a master bedroom complete with walk-in-robe and an ensuite, two generous size bedrooms with a separate bathroom, and two spacious living areas ideal for independent family needs. A central slow combustion fire in the dining area provides a cosy atmosphere during colder seasons. Adjacent to the second living area is a utility room currently used as a bar by the owner.

Sunlight streams through the north facing windows, illuminating the home creating a warm, inviting atmosphere throughout. Recently painted, the property boasts well-maintained lawns and a low-maintenance backyard. Ample space to enjoy the lush gardens and outdoor entertaining. Additional storage is provided by a small shed at the rear, and there are four car parking spaces for family and guests. The home is positioned on the lot to allow vehicle access to the rear (ideal for boats or caravans) with minimal alterations to the garden, if required.

Located walking distance from schools, cafes, shops, and the vibrant Margaret River town centre. Cycle ways are available at the end of the street to allow safe walking and cycling to the fully refurbished swimming pool and sporting complex.

With a classic face-brick exterior, iron roof, and verandas, this home exudes timeless charm in a tranquil neighbourhood renowned for its friendly community atmosphere. Whether you are seeking a peaceful retreat or a place for your family to grow, this home offers plenty and could be the perfect Margaret River opportunity for you.

Features

Timber floors main living area/ master
New carpets
Pergola
Spacious laundry
2 Reverse Cycle A/C
Space available for a granny flat
Private outdoor entertaining areas

Property History for 20 Merchant St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$1,080,000
08 Aug 2024
Listed for Rent
$310/w
15 Mar 2007
  • 08 Aug 2024
    Sold for $1,080,000
  • 31 Jul 2024
    Listed for Sale FROM $975,000
  • 29 Apr 2019
    Sold for $600,000
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 5,787 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 60 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 361 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
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.