17 Town View TerraceMargaret River WA 6285
Property Details for 17 Town View Tce, Margaret River
17 Town View Tce, Margaret River is a 3 bedroom, 1 bathroom House and was built in 1954. The property has a land size of 1012m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (March 2021)
Yes, that's right, with one eye on the future the smart money will snap up this fantastic development opportunity so don't wait too long before contacting me! 1012m2 in size and an R30/40 zoning you can keep earning a rental income for the immediate future whilst planning to develop up to 4 townhouses down the track! But wait, there's more, with the property being located in the short-term rental zone the prospects of generating a significant income moving forward are limitless!And what about the location, situated in the trendy lower end of Town View Terrace it's just a short walk to main street shopping, restaurants & bars whilst only a few minutes stroll to the river reserve in the other direction!Call today for further details before it's too late!- Excellent Development Opportunity- Potential 4 Unit Site- 1012m2 / Quarter Acre Lot- Close to town, the river & forest
Property History for 17 Town View Tce, Margaret River, WA 6285
- 17 Jan 2021Sold for $585,000
- 08 Jan 2021Listed for Sale Offers around $600,000
- 12 Sep 2016Listed for Rent $300 / week
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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 6,051 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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