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.
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
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
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:
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