128 Rainbow Cave Rd, Margaret River is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 56713m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Currently managed by Exclusive Escapes as a holiday home this is a well laid out and particularly large (453.18 sqm) 4 bed, 3 bath home with all the creaturecomforts to make living in the Australian bushland a luxury. Averaging $65,000 for the last two years The income is not to be sneezed at either!! The home is located on a 5.67 ha beautiful bush block and is just a short distance to the beach and town. The kitchen would house an army of chefs, is well appointed and has oodlesof bench and cupboard space. The main living area boasts wonderful soaringceilings, has an abundance of natural light flooding in and is, along with the rest ofthe kitchen and hallways finished with lovely bamboo flooring. Other little touches inside include television points to the 2 master bedrooms, living room and theatre room, 2 huge ensuites, a very nice 3rd bathroom, separate toilet and large laundry room. An 11x4 m heated pool features prominently in the garden alongside a bigalfresco area complete with pizza oven, this place really does scream relaxationand holiday. Even more extras include ducted aircon, solar panels generating 14 units a day, ceiling fans in bedrooms and theatre room, 150,000l rainwater tank as well as a bore. Another thing worthy of note is a big storage room which is accessed through the garage for owners to store their personal belongings, so a quick holiday is easily achievable. All up a very neat package nestled into a particularly special part of Margaret River with the sounds of the bushland and the sea as a backdrop to life. Call me now to book an appointment to view this gem.
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 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 6,032 properties. Over the last 5 years, Houses in Margaret River have seen a 107.57% increase in median value, while Units have seen a 110.98% increase. As at 31 January 2026:
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