OFF MARKET

36 Town View Terrace
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 166m2
Land area: 1012m2
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Property Details for 36 Town View Tce, Margaret River

36 Town View Tce, Margaret River is a 3 bedroom, 2 bathroom House and was built in 1946. The property has a land size of 1012m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
House
Year Built
1946
Floor Size
166m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
42/P004947

Last Listing description (June 2024)

You won't be able to resist this charming character cottage. Circa 1946, with stunning original timber dado, architraves, high ceilings and Jarrah floorboards, this cosy home has been cleverly renovated to support modern family living with the charm and original features of yesteryear.

The original cottage section boasts a huge master bedroom, 2nd bedroom, large lounge room complete with wood fire, and renovated bathroom. Continuing through the lovely dado-lined entrance hall you arrive at the renovated kitchen / dining area with old-school oven brick hearth, ample storage and bench space, and a study area. A third large bedroom, with room for 2 double beds, has sliding door access to the rear deck and is perfect for guests away from the main bedrooms. A fabulous sunken games / multipurpose room, accessed from the kitchen / study area, has its own bathroom and sliding-door access to the totally awesome, sheltered entertaining deck.

Sitting on a generous 1012m2 block with a 20m frontage to Town View Terrace, and rear access via Ned Higgins Lane, this unique property is zoned Town Centre offering the astute buyer a multitude of uses. R60 density in the Town Centre zone can essentially be developed boundary to boundary on three levels mixed with ground floor commercial, vastly increasing the build area and potential investment returns. *NB. Subject to Shire Approval.

The house by itself is as rare as hens' teeth and, with its fantastic position to the front of the lot, lends itself to a multitude of living, income and development options: Subdivide the lot into two and develop or sell the back lot; and sell or retain the house to live in, or add it to your investment portfolio or apply for short stay approval and rent out for holiday use.
There are very few properties in town that can compare to this one with double road access, holding income options and fantastic development opportunity.

Inspection is by appointment.

Property History for 36 Town View Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$580,000
28 May 2013
  • 15 Aug 2023
    Listed for Sale $1,150,000
  • 28 May 2013
    Sold for $580,000
  • 27 Nov 2012
    Listed for Sale $595,000
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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, 372 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.