OFF MARKET

50 Elva Street
Margaret River WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 536m2
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Property Details for 50 Elva St, Margaret River

50 Elva St, Margaret River is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 536m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
2020
Floor Size
70m2
Land Size
536m2
Local Government
Augusta-Margaret River
Lot/Plan
232/P411356

Last Listing description (December 2022)

This cute two story weatherboard cottage is centrally located with current short stay approval in place until October 2024, this property is all within walking distance to the hub of Margaret River townsite....so handy for visiting guests or permanent residence alike.

Built in 2020 by a local builder Big Ben and set on a fabulous 536m2 corner block this property has many different options...1. Keep it as an investment property for short stay or long term tenants. 2. Build a main house and keep the current dwelling as ancillary accommodation or three extend the current place and make it a large family home...the choices are endless with this property.

Total of 70m2 in size with two-bedrooms, one bath featuring a modern kitchen with stainless-steel appliances, single garage with roller door, small balcony that overlooks the beautiful Peppi tree out the front, instantaneous HWS, easycare gardens, quality white shutters & venetians, floor coverings, window treatments, skirting boards throughout and fully insulated in the walls and ceilings.

Get in quick before this little beauty sells.

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Property History for 50 Elva St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$595,000
10 Dec 2022
  • 10 Dec 2022
    Sold for $595,000
  • 25 Nov 2022
    Listed for Sale Offers Above $649,000

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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, 373 properties were sold in the past 12 months in Margaret river.

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