The sellers are motivated and will look at offers on this 1012m2 centrally located development site which is situated in close proximity to the main street and walking distance to many of the town amenities including The Margaret River Hotel, restaurants and specialty shops not to mention a very short stroll to Woolworths. The property is also located a short distance to The Margaret River and State Forest.
Development opportunities on an already cleared site are not so common giving potential developers of this lot a head start on other properties in the area. It may also be possible to amalgamate this site with an adjoining site thereby doubling the development area and increasing ones potential return. Call today for further information
R30/40 ZONING
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 6,041 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:
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