OFF MARKET

48 Karri Loop
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 163m2
Land area: 2441m2
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Property Details for 48 Karri Loop, Margaret River

48 Karri Loop, Margaret River is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 2441m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1998
Floor Size
163m2
Land Size
2441m2
Local Government
Augusta-Margaret River
Lot/Plan
26/P017369

Last Listing description (August 2022)

Located in one of the best streets in Margaret River and surrounded by quality homes, this great 3-bedroom 2 bathroom home is the most affordable property in the neighbourhood.

Sitting on a huge 2441 square metre corner lot with dual access, the home has been purposely built to one side of the block, leaving over half the property clear for a savvy buyer to build what their heart desires. There is enough space for a granny flat, a large shed and extend the home, while still leaving enough room to park a boat or caravan.


This 3x2 home offers a large open plan living area, second lounge room and a huge outside entertaining area. Built in 1998 this double brick home has great bones however it does need a birthday, but with some new carpets and a little bit of paint this home will certainly shine.

The property is only 1.6km from the main street of Margaret River, a stroll to beautiful forest walk trails and only a short drive to world famous wineries and surfing beaches. With the opening of the new airport the southwest is set to boom, so take the time to view this property and get in while the getting's good.

Property History for 48 Karri Loop, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$800,000
02 Jul 2022
Listed for Rent
$250/w
07 Jan 2007
  • 02 Jul 2022
    Sold for $800,000
  • 26 Apr 2022
    Listed for Sale Offers over $850,000
  • 14 Dec 2006
    Listed for Rent - Price not available
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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.