47 Tunbridge StreetMargaret River WA 6285
Property Details for 47 Tunbridge St, Margaret River
47 Tunbridge St, Margaret River is a 3 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 747m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2014.
Last Listing description (August 2024)
This is your chance to enter the Margaret River market, and in a very enviable location! On the west side of town and just 450 metres to Margaret River's main street this is once in a lifetime opportunity to own a slice of classic old school Margaret River.
Move in now and make your mark on this 1950's cottage with a bit of TLC, and then plan your next move with this great investment:
This 747m2 gently sloping north-facing property presents several options for buyers:
- Move into the cottage and enjoy town-centre living. With a bit of TLC this original 1950's home could see you and your family enjoying everything that Margaret River has to offer. Features 2 bedrooms plus two sleep outs with one currently used as a third bedroom, large kitchen and living room, a huge backyard and cute front deck looking out over the street.
- Rebuild and make the most of the large block and location with a fabulous new town-centre home in the years ahead.
- Rent out the existing home while you plan your subdivision. Zoned 'Residential' at R30/R40, investors will see the potential.
Within walking distance are schools, supermarkets, cafes, restaurants, bars, art galleries, community centre and hospital. The Margaret River itself winds through the forest just 700m away with hours of walk and cycle trails to explore.
The property is rented on a periodic lease with vacant possession possible on settlement.
Inspections of this property can be made by appointment with the agent, please enquire for upcoming viewing times.
Property History for 47 Tunbridge St, Margaret River, WA 6285
- 08 Dec 2021Listed for Sale Offers around $550,000
- 14 Nov 2014Sold for $180,000
- 13 Feb 2008Sold for $440,000
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0About 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.
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