21/40 Wallcliffe Rd, Margaret River is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 51m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in May 2004.
Supertown Moneymaker
Margaret River Resort holiday apartment 21 grosses $13,982.34, or a whopping 7.8% on your investment at this purchase price. The net after costs is around $9188 or 5.13% and the difference should be tax deductible. (Seek qualified advice). Owners use rights are very friendly, there's a healthy bonu$ if you don't use it, and the location in town is superb. There's a pub, restaurant, swimming pool, tennis court and playground on site, and the whole lot is right opposite all the Margaret River sports amenities. A cycleway leads to town and the beach.
The State Government has now identified Margaret River as a Supertown and extra development funding will increase the already strong growth. The holiday industry here is a great place to park some money, and have a good time too!
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:
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