87 Tunbridge StreetMargaret River WA 6285
Property Details for 87 Tunbridge St, Margaret River
87 Tunbridge St, Margaret River is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 2173m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (March 2022)
Here is an opportunity to buy a property west of town, currently zoned future tourism. Situated on the 2173m2 property are two residences made of stone and timber, a shed, lawns and gardens. One home is a 3 bedroom, 1 bathroom home, the other is a 1 bedroom 1 bathroom studio. Both have raked ceilings, wood fires and a lovely country vibe. The main house is currently rented at $395/week until May 2022 and the studio is rented on a periodic basis for $150/week. Walk or cycle to town and take advantage of the forest cycle trails which connect at the boundary or head west to the beach. This is the perfect opportunity to rent one out and stay/live in the other yourself, keep both rented as the current tenants would love to stay on, or buy and develop into a multi-unit complex. Contact agent for a price guide and to arrange an inspection.The adjoining 2567m2 property is also available for sale. Combined, there is the potential for 8, possibly 9 units (subject to shire approval).
Property History for 87 Tunbridge St, Margaret River, WA 6285
- 24 Dec 2021Sold for $1,040,000
- 22 Nov 2021Listed for Sale Expression of Interest
- 04 Sep 2019Listed for Rent - Price not available
Recent sales nearby
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0About 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 6,041 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:
- The median value for Houses in Margaret River is $1,163,083 while the median value for Units is $688,203.
- Houses have a median rent of $760 while Units have a median rent of $650.
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