OFF MARKET

55 Merchant Street
Margaret River WA 6285

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 2009m2
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Property Details for 55 Merchant St, Margaret River

55 Merchant St, Margaret River is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 2009m2 and floor size of 155m2.

Building Type
House
Year Built
1999
Floor Size
155m2
Land Size
2009m2
Local Government
Augusta-Margaret River
Lot/Plan
36/P015943

Last Listing description (June 2009)

Old Margaret River Means
A generous block size with established gardens creating privacy and a picturesque outlook from each room of the house. The older style home has some special features to offer including good sized rooms, high ceilings and verandahs all around.
The north and eastern aspects of the home over look a reserve, and in addition to the generous verandahs, there is a large semi enclosed deck, fabulous for entertaining in summer, and if you roll down the cafe blinds and light the heater, just as good in winter.

The main living area is the heart of the home, with loads of character including high pitched ceilings and a big slow combustion wood heater, and is overlooked from the kitchen which boasts timber cabinets and a fabulous large upright gas stove.
The second living area can function as extra family space or as a parents retreat, and both of the large living areas have sliding door access onto the verandahs.
Tucked away at the back of the home is a powered Colorbond garage/workshop/studio.
Excellent location west of town, close to forest trails and walks/cycle paths to shops and schools.
Additional feature/s - Built-In Wardrobes.

Property History for 55 Merchant St, Margaret River, WA 6285

A timeline of how this property has performed in the market
  • 26 Jun 2009
    Listed for Sale $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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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.