274 Railway Terrace, Margaret River, WA 6285 | Property Value & History | OnTheHouse
OFF MARKET

274 Railway Terrace
Margaret River WA 6285

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 191m2
Land area: 1012m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 25 May 2026
Low

High
Save

Property Details for 274 Railway Tce, Margaret River

274 Railway Tce, Margaret River is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1012m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1990
Floor Size
191m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
59/P140684

Last Listing description (May 2023)

This warm, welcoming residence oozes character and real Margaret River charm along with a myriad of options to supplement your income.Properties with "composite industry" zoning like this are rare, allowing you to live and work from here.With 2 separate buildings and 3 independent living areas on this large block on Railway Terrace you have many options, you can run a small business, long term lease or house your extended family.The Main House with- 1/2 Bed x1 Bathroom plus living, dining, kitchen, and study (extra bed)- Studio - 1 Bed/living x1 Bathroom plus kitchenThe Rear Building- Studio -1 Bed/living x1 Bathroom plus kitchen- Commercial KitchenThe main house is currently divided as two separate residences with own kitchen/bathroom/living but can easily be returned to one larger home.The large independent studio is at the back of the block is away from the main house and offers total privacy and can be accessed via the back lane home with its own carport. It's a good size area with a generous kitchen, pantry, walk through robe and large bathroom. The small commercial kitchen also has its own entry from the back lane. This area is fully approved and has consistent health inspections. It currently has tenants who are paying $220.00pw and looking to continue the lease further. There's a lush, fully fenced garden at the front with an array of different plantings, raised vegie patches and a chicken run. This is the perfect place for an enterprising small business owner or creative home maker.Property features include:- Zoned for residential and business- Dual access via Railway or backlane- 6 x skylights in main house - Solar Panels- Rainwater tanks to both buildings- House studio has reverse cycle air-conditioning, house and rear studio have ceiling fans.- Independent residences- Private access to all dwellings- Undercover parking front and rear- Sub meters for power charges - Original Rayburn woodstove in main residence and studio- Lush established gardens and raised vegie patches - Gardening has been on organic and permaculture principles since 1999 and includes several mature fruit - Chicken Run- Storage shedPlease contact Tim Beeson from The Agency to organize a private inspectionDisclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 274 Railway Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$820,000
10 Dec 2022
  • 10 Dec 2022
    Sold for $820,000
  • 13 Oct 2022
    Listed for Sale Offers over $795,000
  • 30 Jan 2004
    Sold for $130,000
Sign in to see more transactions
Commute Calculator

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 6,042 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:

  • The median value for Houses in Margaret River is $1,163,083 while the median value for Units is $688,203.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Margaret river on OnTheHouse. According to Cotality's data, 292 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

Market Insights
Margaret River Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Margaret River Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.