In-town living amongst the Karri forest. This private lot is tucked away at the edge of the forest in an extremely sought after Margaret River address.
The 200sqm cottage lot is perfect for those looking to build close to town, down-size, lock up and leavers or an investment property within the Short Stay Accommodation zone.
26 Formosa is just a 400metre stroll to the Margaret River Town Centre, connected by walking tracks to the river, with views to the State Forest.
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:
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