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

292 Railway Terrace
Margaret River WA 6285

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 372m2
Land area: 1012m2
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Property Details for 292 Railway Tce, Margaret River

292 Railway Tce, Margaret River is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 372m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
1980
Floor Size
372m2
Land Size
1012m2
Local Government
Augusta-Margaret River
Lot/Plan
67/P140684

Last Listing description (February 2014)

This unique property offers so much more than the average home:
-Composite industry zoning allows you to work from home
-1012m2 opposite Rails to Trails in a fabulous West of town location

-A Supersize 3 x 2 family home plus
-Self contained 2 x 1 granny flat
-Powered shed with rear lane access
-Leased til 4/4/14 @ $500.00 per week

This fantastic 5 bedroom 3 bathroom solid, character property is situated on a massive 1012m2 in a premium west of town location. Impressive from the street, this character home exudes spaciousness and charm throughout.

This main house has all the features of a classic Margaret River home, with high raked double height ceilings exposed beams, jarrah kitchen, and feature stone fireplace. With open plan living and study downstairs, plus 3 bedrooms and bathroom upstairs, it has charm in abundance, and a fantastic location.

The property also boasts a great fully self-contained 2 bedroom 1 bathroom granny flat with a large living space featuring parquetry flooring and slow combustion fire. With it's own separate kitchen//diner, it's perfect for the extended family or a teenagers retreat.
The separate entrance and zoning could make it ideal as an artists studio, home office or treatment and therapy rooms. Alternatively, add a pool table and turn the kitchen into a bar and you've got yourself a supersized family home.

Boasting rear lane access and a double powered workshop, this is prime land, with composite industry zoning, rails to trails opposite and so very close to the town centre.
This property boasts incredible options for homebuyers to live in one and rent out the other, or investors to lease both and earn a healthy income. Either way, this fantastic property offers great potential for the astute property investor.

Maureen Fowler : 0418 908 141

Property History for 292 Railway Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$535,000
11 Jan 2014
Listed for Rent
$500/w
26 Mar 2013
  • 11 Jan 2014
    Sold for $535,000
  • 04 Apr 2013
    Listed for Sale $565,000
  • 07 Mar 2013
    Listed for Rent $500 / week
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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 6,042 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

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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.