OFF MARKET

21 Le Souef Street
Margaret River WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 1011m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 21 Le Souef St, Margaret River

21 Le Souef St, Margaret River is a 2 bedroom, 1 bathroom House and was built in 2022. The property has a land size of 1011m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
2022
Floor Size
68m2
Land Size
1011m2
Local Government
Augusta-Margaret River
Lot/Plan
27/D013936

Last Listing description (December 2022)

21 Le Souef Street is a fantastic development site, located in the desirable old part of Margaret River. Only a 200m walk from the main street of the bustling tourist town, with its groovy bars and tasty cafes, this is a no brainer for the savvy investor.

Superbly positioned within the permissible area for holiday house accommodation or simply residential, this 1012sqm site, with a generous 20.12m street frontage. The lot is zoned R30/40, meaning you can build to a maximum of 4 townhouses. With a massive short fall in accommodation, residential and holiday accommodation you can be assured if you build them, they will come. Be part of the solution to the towns' urgent need for accommodation by building up to 4 townhouses on this level easy construction allotment, otherwise subdivide into separate lots.


- Zoned R30/40 residential - 1012sqm block
- Opportunity to build 4 good sized townhouses
- Subdivide into separate lots
- Close to shops, cafes, schools and public transport
- Prime opportunity for an astute developer

Do the sums and realise this is a fantastic opportunity - so don't hesitate, contact me today!

Property History for 21 Le Souef St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$470,000
29 Sep 2022
  • 29 Sep 2022
    Sold for $470,000
  • 14 Jan 2016
    Listed for Sale $539,000
  • 16 Apr 2014
    Listed for Sale $469,000
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 5,813 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:

  • The median value for Houses in Margaret River is $885,124 while the median value for Units is $569,156.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 373 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.