5 Hillside Ave, Margaret River is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in December 2021.
*** THIS PROPERTY IS NOW UNDER CONTRACT ***
Situated in the highly regarded Riverslea area, this 4 bedroom 2 bathroom home on a 630sqm block is the perfect down south escape as well as an ideal investment earner. Living space abounds with two separate living areas, bedroom segregation, and a central open kitchen/lounge dining that flows out to the covered alfresco area. An enclosed garage also forms another living area and is well sound protected from the rest of the house.
In addition to the main residence, there is also fully approved completely separate ancillary accommodation that consists of one bedroom, a bathroom/laundry, a kitchen and an open living area that opens out onto a private timber deck. Completely detached from the main house by privacy screens and an access gate, explore the lucrative option of renting this house out to tenants or simply move in the teenagers or extended family and enjoy the luxury of living together in separation.
Within walking distance to the Margaret River walk trails, two delightful parks and to schools and town, this is an ideal base for your new Margaret River lifestyle or add this low maintenance double earner to your investment portfolio. Either way, it's a winner!
Sewerage and Drainage Easement on rear boundary.
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 6,033 properties. Over the last 5 years, Houses in Margaret River have seen a 107.56% increase in median value, while Units have seen a 97.81% increase. As at 31 December 2025:
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