3 Croft RoadMargaret River WA 6285
Property Details for 3 Croft Rd, Margaret River
3 Croft Rd, Margaret River is a 3 bedroom, 2 bathroom House and was built in 1988. The property has a land size of 2127m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (June 2024)
Unique opportunity to secure a property nestled in the sought-after the west of town location offering a perfect blend of income options, convenience and potential.
Set on a spacious block, this property boasts an architect-designed, retro-style home. Traditionally a 3/4 bedroom, 2 bathroom home, it is now being used as a 2/3 bedroom, 1 bathroom home, -providing comfortable living spaces for you and your family PLUS an additional 1-bedroom, 1-bathroom studio under the main roof with B&B approval, opening the doors to potential income streams, making it an ideal investment for those seeking versatility.
The very generous open-plan room faces north and has a woodfire as well as aircon. Jarrah doors lead to the backyard, and another set of jarrah doors connect to a fantastic multi-purpose room that has plenty of space for bed, couches and desk. The two minor bedrooms are off a hallway where there is also a bathroom and laundry. At the end of the hallway is the doorway to the main suite which has been closed off behind a bookcase so that access is only available from the B&B. A brilliant indoor/outdoor extension off the main suite has a kitchenette and lounge/dining area that provides the perfectly private setting for guests. Should it suit you better, you readily can reconnect this section to the main part of the home.
Surrounded by cottage gardens, with a variety of established fruit trees, there is a fully fenced and gated yard to secure kids and pets, and plenty of room for growing veggies.
The huge block and house orientation provides ample space to construct a sizable shed or further ancillary dwelling. The fabulous location ensures you're just a leisurely stroll away from the centre of town where you can explore local shops, restaurants, and enjoy entertainment at the HEART (Hub of Entertainment, Arts and Regional Tourism).
For those who value an active lifestyle, the nearby recreation centre provides endless opportunities for fitness and leisure activities including gymnasium, heated swimming pool (currently being upgraded), netball, basketball, football, soccer, the list is endless.
Whether you're captivated by the income potential, the spacious block, or the proximity to town amenities, this opportunity offers the prospect of a versatile and rewarding investment.
Main Living Area
? Kitchen with jarrah cabinetry & breakfast bar
? Expansive open plan dining / living area
? R/C air-conditioner
? Wood Heater
Multi-purpose room
? Timber doors
? Carpet
? R/C air conditioner
? Built in robes
? Louvred windows
2 x Minor Bedrooms
? Carpet
? Built in robes
Amenities
? Family bathroom with separate shower and bathtub
? Good sized laundry with separate WC
Main Suite (Set up as B&B)
? Indoor / outdoor living area with kitchen, wall heater and track-guided blind
? Spacious bedroom with built in robes and air-conditioner
? Ensuite bathroom with shower, vanity and WC
Gardens and Exterior
? Expansive back verandah with French-door access from living area and door from laundry
? Fenced and gated grassed area
? Fruit trees
? Cottage gardens
The property has Bed & Breakfast approval under the Shire's LPP7 Policy, however, does not meet the requirements for holiday house rental approval.
Property History for 3 Croft Rd, Margaret River, WA 6285
- 15 Sep 2023Sold for $860,010
- 23 Aug 2023Listed for Sale Offers From $850,000
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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 6,060 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.
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