OFF MARKET

31 Karri Loop
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 133m2
Land area: 2334m2
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Property Details for 31 Karri Loop, Margaret River

31 Karri Loop, Margaret River is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 2334m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2000
Floor Size
133m2
Land Size
2334m2
Local Government
Augusta-Margaret River
Lot/Plan
64/P017369

Last Listing description (May 2022)

This gorgeous rammed earth cottage just oozes charm. The residence is right out of a story book and it is very easy to see why people love to holiday and live here. Downstairs consists of the master bedroom, bathroom and lounge, dining and kitchen area which all open to the north facing outdoor entertainment area. The other two bedrooms are located upstairs with whitewashed timber ceilings throughout.It is just such an inviting property with a generous use of timber throughout including on the high soaring ceilings. Jarrah trims feature on window frames, trims and lovely entry statement and French doors. Boasting a toasty slow combustion fireplace, the lounge area is just the spot to relax over winter when it's cold outside.Westwood Cottage is situated in Basildene Estate, Margaret River's premiere estate west of town on the way to the beaches of Prevelly and Gnarabup. Set on a whopper fully serviced 2334m2block , the residence is elevated and enjoys a fantastic north facing aspect over the large backyard from the kitchen, living, dining, master bedroom and outdoor entertainment areas.Surrounded by mature established trees, the property is very private in a very attractive part of Margaret River. The residence is very low maintenance and is presented beautifully and would make for a lovely new home if you are looking for a permanent place to live, or continue to generate an income from the short stay market if you are after a holiday home "Down South".Your biggest problem will be knocking back visitors wanting to come and stay at this lovely property. The current owner has also supplied plans for a extension, so if there is a need to extend in the future, this may give you some ideas.This house won't last on the market for long, so make plans to view this property as soon as you can!

Property History for 31 Karri Loop, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$930,000
21 Apr 2022
  • 21 Apr 2022
    Sold for $930,000
  • 13 Apr 2022
    Listed for Sale From $875,000
  • 30 Jul 2010
    Sold for $680,000
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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.