23 Formosa StreetMargaret River WA 6285
Property Details for 23 Formosa St, Margaret River
23 Formosa St, Margaret River is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 200m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (June 2025)
This is a beautiful, rammed limestone home built in 2020 on the edge of the forest and has been used profitably for short term holiday accommodation.
Located in the tourist precinct of Margaret River it is split over 2 levels and is wonderfully laid out with the kitchen, dining, living areas and laundry (with 3rd toilet) downstairs. Burnished concrete floors, a lovely window nook, very well equipped and stylish kitchen and breath-taking views are highlights of this space.
Up a beautiful hardwood staircase are 3 great-sized bedrooms. The master captures the brilliance of the karri forest in all its magnificence and has a walk-through robe and luxurious ensuite. The main bathroom is spacious with quality fixtures and fittings and one of the minor bedrooms has its own private balcony.
A striking timber floor is a special feature upstairs. An absolutely delightful home in a stunning location with an income from the short stay market which is impressive to say the least. Call sooner rather than later to inspect this wonder.
Large bedrooms
Breathtaking views
Stylish kitchen
Laundry room
Beautiful hardwood timber features throughout
Quality fixtures and fittings
Airconditioning
Direct access to the forest
Rainwater tank with filter
Fabulous location
Private road
Reside permanently or short stay and use for holidays
Property History for 23 Formosa St, Margaret River, WA 6285
- 24 Mar 2025Sold for $1,280,000
- 07 Mar 2025Listed for Sale From $1,300,000
- 13 Jun 2018Listed for Sale $250,000
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 6,051 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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