243 Merino Way, Margaret River is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2016. The property has a land size of 9999m2 and floor size of 164m2.
This property offers the budding hobby farmer the best of both worlds. One glorious hectare of cleared landscaped parkland and native bush right on the very outskirts of Margaret River's suburbs. A recently constructed home is perfectly placed in the heart of the block and provides all the comforts of modern living.
The three bedroom home has a central living area with a north facing skillion roof that captures winter's warming rays, as well as enjoying the comfort of a combustion stove against a feature brick wall. A modern kitchen, with walk in pantry, glows with stunning tiles and benchtops and provides a striking focal point to this living space. Soaring ceilings and expansive windows in this area capture east and west landscaped views over the property and lead out into serene garden nooks and pitched alfresco outdoor living areas, all accessed by impressively paved garden paths.
The spacious carpeted main bedroom has a walk in robe and large ensuite with modern tasteful tiling. The two remaining bedrooms are double in size, both with BIRs and quality carpets and share a separate bathroom.
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 6,060 properties. Over the last 5 years, Houses in Margaret River have seen a 102.45% increase in median value, while Units have seen a 89.29% increase. As at 31 July 2026:
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