SOLD
Sold on 28 Aug 2024 for $895,000

3/41 Town View Terrace
Margaret River WA 6285

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 169m2
Land area: 241m2
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Property Details for 3/41 Town View Tce, Margaret River

3/41 Town View Tce, Margaret River is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 241m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Margaret River in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
169m2
Land Size
241m2
Local Government
Augusta-Margaret River
Lot/Plan
3/S044005

Last Listing description (October 2024)

Enjoy the convenience of walking to Margaret River Town and all its amenities. This property features two independent apartments within a single building. Each unit offers separate entry points and is ideal for family, holidays or investors. The property provides flexible living options: live in one apartment and rent out the other or explore short-term rental opportunities (subject to shire approval). This versatile property is perfect for those looking for a great investment or a comfortable home with additional rental potential.

The recently painted upstairs apartment boasts an open-plan living area that is filled with natural light. It includes two large bedrooms, each with built-in robes, and one bathroom with a separate toilet. Additionally, there is an undercover carport for convenience. The open-plan layout integrates the living, dining, and kitchen areas, which offer a sunny outlook and access to two balconies where you can enjoy the views.

The ground floor apartment features two bedrooms and one bathroom, with an open plan living, dining, and kitchen area that enjoys a sunny outlook. It also boasts a charming deck, ideal for soaking up the morning sun or relaxing outdoors at any time. Additionally, there is ample space right at the front of the apartment that could be used as a car space.

Features

2 self -contained apartments
In town location
Walking distance to schools, local shops such as cafes, grocery stores and restaurants
North facing decks
Ample parking

Property History for 3/41 Town View Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$895,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $895,000
  • 13 Aug 2024
    Listed for Sale OFFERS FROM $795,000
  • 02 Jun 2006
    Sold for $440,000

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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, 371 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.