23/40 Wallcliffe RoadMargaret River WA 6285
Property Details for 23/40 Wallcliffe Rd, Margaret River
23/40 Wallcliffe Rd, Margaret River is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (October 2021)
This charming 2 room studio is primely situated in the heart of Margaret River across the road from the cultural centre and a short stroll to the main street of town. It has been tastefully re-furbished, is fully self-contained and furnished to a high standard whilst still retaining the charm of the Margaret River country style. Located in the popular River Resort, the studio enjoys the use of all the resort facilities including a swimming pool, tennis and volleyball courts and the River Hotel which is a popular venue for dining and entertainment. Perfect for a lifetime of down south holidays, this unit is zoned as short stay/tourism, receives a generous annual return and is efficiently managed by the River Resort Hotel.Income 2020/21: $13,031.69
Property History for 23/40 Wallcliffe Rd, Margaret River, WA 6285
- 28 Aug 2021Sold for $120,000
- 07 Jul 2021Listed for Sale $140,000
- 31 Mar 2014Listed for Sale $115,000
Recent sales nearby
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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 6,042 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:
- The median value for Houses in Margaret River is $1,163,083 while the median value for Units is $688,203.
- Houses have a median rent of $760 while Units have a median rent of $650.
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