27/6 Tunbridge StreetMargaret River WA 6285
Property Details for 27/6 Tunbridge St, Margaret River
27/6 Tunbridge St, Margaret River is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 114m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
Last Listing description (April 2014)
Best Deal in Town
Ground floor self contained luxury 2 bed, 2 bath apartment returning $21,347.52pa NET! in central Margaret River. Sime Darby Australia (the lessee and managers) pay all strata, water, power, rates etc... All the owner pays is land tax. That's a net return (pre land tax) of 6.29%, and the chance of capital growth. The rent is paid to the owner in monthly instalments of $1,778.96.
As an owner you and family or friends can use the apartment for up to 10 days free of charge each year. If you add in the value of the free holidays, the return is well over 7%. In this low interest rate environment, such an investment beats the bank!
Additional feature/s - Close to Schools.
Property History for 27/6 Tunbridge St, Margaret River, WA 6285
- 15 Apr 2014Sold for $300,000
- 29 Nov 2008Listed for Sale $339,000
- 20 Nov 2004Sold for $325,000
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0About 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 6,045 properties. Over the last 5 years, Houses in Margaret River have seen a 120.99% increase in median value, while Units have seen a 125.79% increase. As at 31 May 2026:
- The median value for Houses in Margaret River is $1,203,358 while the median value for Units is $698,052.
- Houses have a median rent of $780 while Units have a median rent of $650.
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