11/40 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.
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.
The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.
Margaret River has 6,042 properties. Over the last 5 years, Houses in Margaret River have seen a 117.58% increase in median value, while Units have seen a 121.92% increase. As at 30 April 2026:
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