4/24 Town View Terrace, Margaret River, WA 6285 | Property Value & History | OnTheHouse
OFF MARKET

4/24 Town View Terrace
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 201m2
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Property Details for 4/24 Town View Tce, Margaret River

4/24 Town View Tce, Margaret River is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 201m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1998
Floor Size
77m2
Land Size
201m2
Local Government
Augusta-Margaret River
Lot/Plan
4/S036219

Last Listing description (August 2024)

Looking for a central base with the bonus of earning an income when you're not in town? Or perhaps you're an investor and you've had your eye on a holiday home in Margaret River? This is your opportunity to enter the short-stay market in one of Australia's most popular tourist destinations.

This town-centre property is Residential Zoned with current approval from the Augusta Margaret River Shire to use as a holiday house. What does this mean? You have the flexibility to rent the property as either short-stay or long-term or see out the current forward bookings and then move in permanently and enjoy Margaret River living for yourself. FIFO workers or travelling retirees could even rent this home on the short-stay market when not in town and enjoy the added income.

The location is unbeatable. All within a couple of hundred metres of the front door is some of our town's iconic eateries, attractions, and essential services: Settlers Tavern, The Margaret River Bakery, Swings & Roundabouts, Pizzica Pizzeria, JahRoc Galleries, river-side walking and mountain bike trails, supermarkets, pharmacies, boutiques, bottle shops, the list goes on! Within 15 minutes' drive are some of South West WA's most famous surf beaches and wineries.

This townhouse is being sold fully furnished (WIWO) with modern dcor. Recent renovations include a new bathroom, kitchen and laundry. There are three bedrooms all with carpet, a separate toilet, reverse-cycle AC and a good sized private fully fenced backyard. There's a single carport, with room for two cars.

The strata complex has just four units and is pet-friendly. Number 4 is at the rear of the property for added privacy.

'Tooty's Place', as this townhouse is affectionately known (named after a very loved pup) currently has plenty of forward bookings under the management of one of the region's most respected holiday home operators - Swell Stays. The new owners will have the option to continue on with Swell Stays after the current bookings are seen through or exit the management contract at no cost. Meanwhile the townhouse is yours to block out dates for your own stays or double down on your investment by keeping the booking calendar open and welcome those guests week after week!

Inspections possible during guest vacancies, please contact the agent for upcoming appointments.

Property History for 4/24 Town View Tce, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Oct 2022
Listed for Rent
$315/w
13 Jun 2017
  • 01 Oct 2022
    Sold for $500,000
  • 16 May 2022
    Listed for Sale Sold
  • 05 Oct 2020
    Listed for Sale $450,000
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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.
There are currently 31 properties listed for sale, and 7 properties listed for rent in Margaret river on OnTheHouse. According to Cotality's data, 281 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.