51 Le Souef St, Margaret River is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 1022m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
This level 1021m2 property is a 400m walk to the main street of Margaret River. Offering an enviable lifestyle with its close proximity to restaurants, bars, schools and recreation. Weekend trips to the local Farmers Market will keep the kitchen well stocked, and the ample garden allows opportunity to plant and grow your own produce. The timber and iron 1960's cottage is well maintained, offering 3 bedrooms, 1 bathroom and 2 living zones. The recent addition of split system air conditioning to the kitchen, lounge and Master bedroom, ensures year round comfort. Solid timber floorboards run the length of the hall and into the formal lounge at the front of the home with a traditional mantle fireplace contributing to the quaint character of this home.The third bedroom extends into a sitting area which could be converted into a play room or study. There is ample natural light in this North facing space.The kitchen and dining is cosy and has the original 'everhot' wood oven and chimney. Depending on the time of day and season, both front and rear outdoor seating areas are protected from the elements and overlook the beautiful reticulated English cottage flowering gardens and manicured lawns. The boundaries of this property are lined with camellia, hydrangea and frangipani trees. The rear garden has a hills hoist washing line and a fenced area with garden shed.The driveway runs the length of the southern boundary to the large garage at the rear. The garage fits two vehicles, has good clearance and includes a good size workshop. This property provides the new owner with multiple options including renovation, extension or if inclined clear the existing structures and develop. The zoning allows for a 3 or 4 unit development subject to local shire approval and the location falls within the short stay zone. This property has no residential tenancy in place so there is the option to move in immediately after settlement.
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 6,041 properties. Over the last 5 years, Houses in Margaret River have seen a 117.58% increase in median value, while Units have seen a 121.92% increase. As at 30 April 2026:
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