29 Formosa StreetMargaret River WA 6285
Property Details for 29 Formosa St, Margaret River
29 Formosa St, Margaret River is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 200m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Margaret River in the last 12 months.
Last Listing description (June 2024)
All Offers Presented by 21st February 2024 Unless Sold Prior
Holiday or reside all year round in this dream location with resort style living and magical forest views forever.
Luxuriously appointed and featuring local timbers the character of this home is second to none, it has been lovingly designed and thoughtfully built by the current owners with hand crafted features and sumptuous appointments.
You will be enthralled as you enter through the foyer featuring local timbers and a beautifully engineered steel and Marri staircase leading you upwards to the spacious living zone high up in the treetops. Upstairs living features an open plan kitchen/dining/family and indoor, outdoor balcony, a bedroom suite including walk in robe and a stylish ensuite.
The dining and living zones are spacious and take in the amazing views of Karri, Marri and Jarrah Forest with natural bushland beyond.
The stylish guest bedroom is tucked away behind the living zone and adjacent to this area is the guests powder room. Downstairs features the plush master suite also overlooking the outdoors and the forest. The expansive walk-in robe is shelved with Marri timbers and has generous hanging space, the ensuite is luxurious and both bathrooms are climate controlled with under floor heating.
With a sparkling below ground pool (which is heated) set into the paved patio, you can while away the days, whilst enjoying Mother Nature at its finest. This exclusive blue-chip location is well sought after and is close to the forest, river trails and just metres to the town centre's coffee strip, it's also located in the Margaret River Shire's Holiday House permissible area.
Dreams do come true, and you will want to stay here forever.
Property History for 29 Formosa St, Margaret River, WA 6285
- 16 Feb 2024Sold for $1,200,000
- 29 Jan 2024Listed for Sale OFFERS ABOVE $1,100,000
- 24 Mar 2016Listed for Sale $225,000 (UNDER OFFER)
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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 5,788 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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