37/20 Riedle Dr, Gnarabup is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1998. The property has a land size of 320m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
No doubt about it, the owner of this charming beach-side villa is moving on and has priced this property to sell. Upon entering you will feel a wonderful sense of light and space with its towering vaulted ceilings, gleaming modern kitchen and northern aspect, but this is only part of its charms.The ground floor is the main living area containing 2 large bedrooms, 2 bathrooms, kitchen and a wonderful easy living space that looks over the garden and private north-facing terrace, which the owner has given a cool beachy vibe. Up the solid jarrah staircase to a huge mezzanine with a multipurpose area that could be used as a 3rd bedroom (large enough to sleep four) second living area or art studio providing amazing light.The villa is located on a corner block and one of the largest in "The Break" which also boasts a glittering swimming pool with a large outdoor entertainment space and nicely keep gardens around the complex. The homes that make up The Break are all free standing 2 storey villas that sustain a great little community of residents, small families and retirees.A bonus for the investor is that approximately one third of the villas are managed by a professional short-term rental agency providing good return on investment, not to mention a world renowned holiday destination when it's your turn for some down time. The thing I love the best, you are walking distance to Margaret Rivers premium surf breaks and swimming beaches like Surfers Point, Boaties and Boodjidup. That same easy walk will also take you past the iconic White Elephant Caf, The Common Bar, Prev store or just a scenic ocean view.If you are looking for a great beachside investment this property is it, only 10 minutes' drive from the bustling tourist town of Margaret River and all the natural wonders
The size of Gnarabup is approximately 2.5 square kilometres. There are 4 parks, covering nearly 92.4% of the total area. The population of Gnarabup in 2016 was 467 people. By 2021 the population was 525 showing a population growth of 12.4% in the area during that time. The predominant age group in Gnarabup is 40-49 years. Households in Gnarabup are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gnarabup work in a professional occupation.In 2021, 71.20% of the homes in Gnarabup were owner-occupied compared with 71.60% in 2016.
Gnarabup has 442 properties. Over the last 5 years, Houses in Gnarabup have seen a 80.35% increase in median value, while Units have seen a 230.44% increase. As at 30 June 2026:
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