38/55 Willmott AvenueMargaret River WA 6285
Property Details for 38/55 Willmott Ave, Margaret River
38/55 Willmott Ave, Margaret River is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 38m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (September 2021)
Margaret River's main street upgrade is nearly complete and this unit is in a prime position for ongoing holiday rental income right in the town centre. There are no other units as close to the heart of Margaret River as this! This stylish unit presents the perfect Margaret River getaway combined with a smart long-term investment. Recently refurbished, this unit is a part of the popular Margaret River Holiday Suites, tucked away behind the Margaret River Hotel, and boasts some highly sought after features: - King-size suite- Ground Floor- Fully-furnished- Kitchenette- On-premise parkingThe vibrant tourist township of Margaret River will soon have a newly upgraded main street including new pedestrian walkways and malls, all located just metres from this unit. Restaurants, cafes, bars, galleries, markets and boutiques are all within a short stroll. Close by are some of Western Australia's most famous attractions including Lake Cave, Surfer's Point and a multitude of the region's world-renowned wineries to enjoy alongside the spectacular coastline and forests.The Margaret River Holiday Suites offer the perfect place to stay while exploring this world-class tourism destination.The units in this complex have undergone over $500,000 in maintenance upgrades earlier this year. All the hard work is done for you with the unit being sold as fully-furnished and already under management with an established holiday letting agency, or flexibility to choose your own management arrangement. Zoned 'Tourism' with the option for owners to also enjoy taking holidays in the unit themselves.
Property History for 38/55 Willmott Ave, Margaret River, WA 6285
- 21 Dec 2020Sold for $153,000
- 26 Oct 2020Listed for Sale $155,000
- 05 Feb 2007Sold for $160,000
Recent sales nearby
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0About Margaret River 6285
The size of Margaret River is approximately 61.3 square kilometres. It has 32 parks covering nearly 21.9% of 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 6,031 properties. Over the last 5 years, Houses in Margaret River have seen a 112.19% increase in median value, while Units have seen a 130.99% increase. As at 30 November 2025:
- The median value for Houses in Margaret River is $1,029,811 while the median value for Units is $647,977.
- Houses have a median rent of $745.
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