SOLD
Sold on 22 Dec 2023 for $197,500

3/34 Fearn Avenue
Margaret River WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 52m2
Land area: 52m2
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Property Details for 3/34 Fearn Ave, Margaret River

Building Type
Commercial
Year Built
2002
Floor Size
52m2
Land Size
52m2
Local Government
Augusta-Margaret River
Lot/Plan
3/S041451

Last Listing description (February 2024)

Start your commercial portfolio with this quality premise in the thriving Margaret River Area. Located on the ground floor of the sought after Reef Centre this 52 sqm Town Centre zoned commercial unit is surrounded by quality business. Currently has two consulting rooms and reception area in the heart of the premise.

Floorspace 52 sqm
Reception area

2 consulting rooms - 1 with sink
Natural light
Storage room
Shared back off-street parking.
Shared facilities
Town Centre zoning
Rammed earth construction
Separate power and water metres
Reverse cycle Air conditioning unit

With an excellent tenant history - start investing today.

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 3/34 Fearn Ave, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$197,500
22 Dec 2023
Listed for Rent
$115/w
05 Dec 2020
  • 22 Dec 2023
    Sold for $197,500
  • 31 Aug 2023
    Listed for Sale Offers over $195,000
  • 04 Jun 2020
    Listed for Rent $6,000 / month
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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 5,744 properties. Over the last 5 years, Houses in Margaret River have seen a 112.41% increase in median value, while Units have seen a 25.67% increase. As at 31 July 2024:

  • The median value for Houses in Margaret River is $886,953 while the median value for Units is $325,786.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 62 properties listed for sale, and 10 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 305 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.