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Sold on 09 Dec 2024 for $1,160,000

49 Forrest Road
Margaret River WA 6285

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Land area: 763m2
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Property Details for 49 Forrest Rd, Margaret River

49 Forrest Rd, Margaret River is a 5 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 763m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom House sold in Margaret River in the last 12 months.

Building Type
House
Land Size
763m2

Last Listing description (December 2024)

Welcome to 49 Forrest Road - both a sanctuary and a smart investment. The beautifully renovated, character-filled home offers versatile living and income potential, all within walking distance to town, schools and the river.

This spacious five bedroom, four bathroom residence combines modern updates with timeless charm and incorporates separate studio accommodation. The main house boasts a bright, open-plan living, dining, and kitchen area that connects beautifully with the extended, covered timber deck - perfect for entertaining and enjoying the winter sunshine from the north. Polished timber floors run throughout the living spaces, complemented by vaulted ceilings and skylights that fill the home with natural light. The updated kitchen features new flooring, cabinetry and tiling offering a fresh, modern feel. A separate east-facing rear courtyard offers a tranquil escape, perfect to drop in a hot tub or escape to enjoy some peace.

The primary suite includes an ensuite bathroom and walk in robe, along with access to an adjoining room that is ideal for use as home office or nursery. Bedroom three is generously sized with built in robes, and a family bathroom with a separate WC is conveniently located near the laundry. Bedroom four enjoys its own ensuite and private WC, ensuring comfort and privacy.

A newly constructed studio under the main roof provides additional living options. With a separate, private, gated entrance with parking; courtyard with hot and cold outdoor shower; and a cleverly designed one bedroom unit with open-plan living, kitchenette, and bathroom; this space is perfect for guests, long-term rental, or short stay. Registered under the Short-Term Rental Accommodation (STRA) Register it enjoys good occupancy levels with scope to increase.

The property sits proudly behind a private, solid wall lined with established deciduous trees providing welcome shade in summer and light in winter, creating a peaceful private garden setting.

Electric gate access to the carport from the side road provides convenient shoppers' entry through the laundry/mudroom. There's also a handy storage shed for garden tools.

Located close to town with easy access to the river, this home blends convenience, comfort, and versatility. Don't miss the opportunity to make it yours!

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

Property History for 49 Forrest Rd, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$1,160,000
09 Dec 2024
  • 08 Dec 2024
    Sold for $1,160,000
  • 24 Sep 2024
    Listed for Sale Offers Above $1.1 million
  • 25 Jun 2021
    Sold for $600,000
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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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Sarah Twine
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Clare Andrews
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Ray White Stocker Preston | Margaret River
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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.