17 Formosa StreetMargaret River WA 6285
Property Details for 17 Formosa St, Margaret River
17 Formosa St, Margaret River is a 0 bedroom, 0 bathroom House and was built in 2019. The property has a land size of 200m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (June 2024)
A fantastic opportunity here to secure this sensational cottage lot tucked away in a private enclave surrounded by towering Karri trees at this exclusive Margaret River address.
17 Formosa Street is a 200sqm cottage lot designed to accommodate in-town living for busy people, down sizers, lock up and leavers and best of all is located within the Short Stay Accommodation Zone only a few hundred metres stroll to the main street.
The current owner's plans have changed and now wishes to sell this amazing lot along with a set of environmentally friendly Nikko Design shire approved house plans at a price sure to entice prospective buyers.
This unique forest community is just a few minutes to the Margaret River Town Centre which feature an abundance of shops, cafes and restaurants whilst the river and its numerous walking tracks are also on your front doorstep.
Call today to receive a comprehensive Information Memorandum inclusive of house plans.
? Uninterrupted Karri Forest Views
? House plans available for purchase
? Located within Short Stay Accommodation Zone
? Only a few minutes stroll to town
? Connected to river walk trails
Property History for 17 Formosa St, Margaret River, WA 6285
- 05 Sep 2023Listed for Sale Not Disclosed
- 22 May 2020Sold for $290,000
- 12 May 2020Listed for Sale SOLD - $290,000
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About Margaret River 6285
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 6,050 properties. Over the last 5 years, Houses in Margaret River have seen a 111.73% increase in median value, while Units have seen a 118.90% increase. As at 30 June 2026:
- The median value for Houses in Margaret River is $1,173,270 while the median value for Units is $672,764.
- Houses have a median rent of $780 while Units have a median rent of $643.
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