243 Merino Way, Margaret River, WA 6285 | Property Value & History | OnTheHouse
OFF MARKET

243 Merino Way
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 164m2
Land area: 9999m2
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Property Details for 243 Merino Way, Margaret River

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.

Building Type
House
Year Built
2016
Floor Size
164m2
Land Size
9999m2
Local Government
Augusta Margaret River

Last Listing description (November 2018)

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.

Two driveways provide access from the road and lead directly to either side of the house or continue directly up to the rear of the block to the large machinery shed which provides storage for all the urban farmer's equipment as well as the odd caravan and boat. A 20,000 litre concrete water tank and header tank has the potential to supply, however, this has not been connected to the home as town water is provided. A selection of established fruit trees are located on the northern side of the boundary.
Only 2 km from the main street of town, yet its peaceful location, serene outlook and large block size gives the sense of living in the heart of the bush. Currently leased until October 2017 at $450 pw.

Property History for 243 Merino Way, Margaret River, WA 6285

A timeline of how this property has performed in the market
Listed for Rent
$450/w
09 Mar 2017
  • 28 Jun 2016
    Listed for Sale $795,000
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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 6,060 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:

  • The median value for Houses in Margaret River is $1,152,786 while the median value for Units is $596,638.
  • Houses have a median rent of $780 while Units have a median rent of $650.
There are currently 31 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.