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

278 Railway Terrace
Margaret River WA 6285

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 132m2
Land area: 1012m2
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Property Details for 278 Railway Tce, Margaret River

278 Railway Tce, Margaret River is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 1012m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1940
Floor Size
132m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
61/P140684

Last Listing description (June 2021)

To enquire, please email or call 1300 815 051 and enter code 2331

The historic Station Masters house oozes character. High ceilings, polished jarrah boards, a huge L- shaped verandah, tongue and groove walls make this a truly unique offering.

Heating is provided by a slow combustion fire, and by the original wood stove in the kitchen. Minimal but tasteful renovations have added a contemporary kitchen, laundry, and semi-ensuite bathroom to 2 bedrooms.

At the rear of the property, off a laneway, sits house 2, 2015 built, well designed, airy, and light 2 x 1, plus home office off the carport. The two dwellings have excellent separation and the rear gardens are just beautiful. Both houses have solar hot water, 6.6kw of solar panels each, and are both serviced by a Taylex ATU which also irrigates the lush rear gardens.

This property presents a multitude of options, from an accommodation business to multi-generational living. An excellent location close to the cafes and restaurants of the town, and on a lovely bike and walking trail, with the trees of the adjacent bush reserves providing a background to the gardens.

Character properties like this rarely come on the market.

Inspection by appointment, please get in touch.

To enquire, please email or call 1300 815 051 and enter code 2331

Property History for 278 Railway Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$790,000
14 May 2021
  • 14 May 2021
    Sold for $790,000
  • 04 Apr 2021
    Listed for Sale $760,000 - $800,000
  • 11 Feb 2012
    Sold for $405,000
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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 6,049 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:

  • The median value for Houses in Margaret River is $1,173,270 while the median value for Units is $672,764.
  • Houses have a median rent of $780 while Units have a median rent of $643.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Margaret river on OnTheHouse. According to Cotality's data, 285 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.