OFF MARKET

282 Railway Terrace
Margaret River WA 6285

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 139m2
Land area: 1012m2
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Property Details for 282 Railway Tce, Margaret River

282 Railway Tce, Margaret River is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Year Built
1970
Floor Size
139m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
63/P140684

Last Listing description (November 2018)

This property is zoned Composite industry which presents great lifestyle opportunities. This zoning enables the establishment of a wide variety of discrete low-key service and cottage industries, ultimately providing the perfect work/life balance for the homes based entrepreneur. With a quarter of an acre of land to play with, put your creative talents and your business ideas to work, all from the comfort of home.

Steeped in history this group home has had a makeover which includes an extension reflecting all the charm of days gone by.

Relocated from its original home in Rosa Glen many years ago, this cottage has well and truly settled in Railway Terrace, in an area opposite the timbered railway reserve.

Large trees in the area have been retained and maintained and the large quarter acre block is reminiscent of country living.

The original Jarrah weatherboards are trimmed with colour making an attractive faade, the family room extension blending seamlessly with the original cottage.

Opportunities abound in this multi-use area of Railway Terrace, the zoning of which allows for small scale commercial enterprises providing lifestyle and employment opportunities.

Property History for 282 Railway Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$470,000
29 Aug 2018
Listed for Rent
$340/w
20 May 2011
  • 29 Aug 2018
    Sold for $470,000
  • 13 Apr 2018
    Listed for Sale $479,000
  • 20 Jan 2012
    Sold for $310,000
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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 5,813 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

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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.