OFF MARKET

5 Hillside Avenue
Margaret River WA 6285

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 164m2
Land area: 630m2
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Property Details for 5 Hillside Ave, Margaret River

5 Hillside Ave, Margaret River is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 630m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2005
Floor Size
164m2
Land Size
630m2
Local Government
Augusta-Margaret River
Lot/Plan
592/P036604

Last Listing description (January 2022)

*** THIS PROPERTY IS NOW UNDER CONTRACT ***Situated in the highly regarded Riverslea area, this 4 bedroom 2 bathroom home on a 630sqm block is the perfect down south escape as well as an ideal investment earner. Living space abounds with two separate living areas, bedroom segregation, and a central open kitchen/lounge dining that flows out to the covered alfresco area. An enclosed garage also forms another living area and is well sound protected from the rest of the house. In addition to the main residence, there is also fully approved completely separate ancillary accommodation that consists of one bedroom, a bathroom/laundry, a kitchen and an open living area that opens out onto a private timber deck. Completely detached from the main house by privacy screens and an access gate, explore the lucrative option of renting this house out to tenants or simply move in the teenagers or extended family and enjoy the luxury of living together in separation.Within walking distance to the Margaret River walk trails, two delightful parks and to schools and town, this is an ideal base for your new Margaret River lifestyle or add this low maintenance double earner to your investment portfolio. Either way, it's a winner!Sewerage and Drainage Easement on rear boundary.

Property History for 5 Hillside Ave, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$720,000
13 Dec 2021
Listed for Rent
$380/w
11 Jul 2023
  • 13 Dec 2021
    Sold for $720,000
  • 11 Dec 2021
    Listed for Sale FROM $670,000
  • 21 Apr 2020
    Listed for Rent $400 / week
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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.