38 Town View TerraceMargaret River WA 6285
Property Details for 38 Town View Tce, Margaret River
38 Town View Tce, Margaret River is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1270m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (February 2025)
It doesn't get more central than this. An excellent opportunity has emerged in the heart of thriving Margaret River.
Prized for its Town Centre zoning, this large 1,270sqm lot grants the astute buyer vast development opportunities in the CBD. While your plans are being made, the property offers the ability for immediate income with a fully renovated 1950's 3-bedroom 2-bathroom character home complete with short-stay holiday approval.
The Margaret River Region is booming, attracting first home buyers, FIFO workers, retirees and holiday makers all trying to get a piece of the South West lifestyle. The region is renowned for its world class wines, quality foods and restaurants, stunning natural beauty, laidback lifestyle, tourism appeal and job opportunities.
Within this context, this exceptional block is a rare find that won't last long given the current demand for spacious land in premium locations. If you have been looking for that unique investment opportunity in the South West, you cannot go past 38 Town View Terrace without having a good look. Don't delay call today to inspect.
Zoned town Centre
Development site
Mixed use of commercial and residential R60
Current short-stay holiday approval
3-bedroom, 2-bathroom home
Access from Town View Tce and Higgins Lane
Allows 10m height construction, i.e. 3 storey building
1,270 square metre block with 26.9 m frontage
Property History for 38 Town View Tce, Margaret River, WA 6285
- 28 Nov 2024Sold for $1,275,000
- 14 Oct 2024Listed for Sale From $1,250,000
- 05 Jun 1998Sold for $208,000
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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 6,061 properties. Over the last 5 years, Houses in Margaret River have seen a 102.45% increase in median value, while Units have seen a 89.29% increase. As at 31 July 2026:
- The median value for Houses in Margaret River is $1,152,786 while the median value for Units is $596,638.
- Houses have a median rent of $780 while Units have a median rent of $650.
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