5/40 Wallcliffe RoadMargaret River WA 6285
Property Details for 5/40 Wallcliffe Rd, Margaret River
5/40 Wallcliffe Rd, Margaret River is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 229m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (November 2018)
This fabulous villa in the newly named and managed River Resort is worthy of your inspection. With short stay zoning you are able to utilise the villa yourself for 3 months of the year and receive an income when leased for the rest of the year.
The villa comes complete with all furnishings, fully equipped kitchen and all the bedding and linen. With two large bedrooms downstairs and an upstairs loft that has two single beds, it's simply perfect for family holidays. The resort features a tennis court and swimming pool with sauna, as well as the restaurant and bar at the front of the resort, which you can enjoy at your leisure. Park the car up when you arrive - there's no need to drive, with the town centre just up the road and a cycle way going in both directions to town and beach.
It is currently self managed with an excellent rental return.
Property History for 5/40 Wallcliffe Rd, Margaret River, WA 6285
- 04 May 2018Sold for $250,000
- 19 Jan 2018Listed for Sale $299,000
- 14 Apr 2014Sold for $250,000
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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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