22 Fearn AvenueMargaret River WA 6285
Property Details for 22 Fearn Ave, Margaret River
22 Fearn Ave, Margaret River is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Margaret River in the last 12 months.
Last Listing description (June 2024)
Positioned on a large 1012m2 parcel of land, 22 Fearn Avenue presents an incredible opportunity for investors in the rapidly expanding Margaret River region. As the town experiences unprecedented growth, the demand for additional infrastructure in the town centre is on the rise, making this property an ideal investment for those with a keen eye for potential.
Boasting "Town Centre" zoning, this property is primed for transformation, featuring a 3 bed, 1 bath residence that serves as a solid foundation for an instantaneous rental return.
With the dynamic zoning in place, the options are vast and varied, providing prospective investors with a canvas to explore numerous possibilities. Whether it's commercial ventures, residential developments, blend of both, or if you simply just want to live in town.
For more information about the property contact Anthony Marinovich on 0448 801 283
Disclaimer: All future planning is subject to approval from the Shire of Augusta Margaret River
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material.
Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Property History for 22 Fearn Ave, Margaret River, WA 6285
- 08 Apr 2024Listed for Rent $700 / week
- 10 Mar 2024Sold for $935,000
- 22 Feb 2024Listed for Sale Expressions Of Interest
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0About 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.
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