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NEST OR INVEST IN MARGARET RIVER
Whether you are in the market for a residence to call home, or looking to get into the investment market here in Margaret River, this property is a fabulous option to consider. Situated in a quiet and private street, the residence was completed in December 2017 and has an excellent floorplan, designed and fitted out to be super low maintenance. The plan is a perfect Margaret River design, with the master bedroom and ensuite set apart from the guest bedrooms. Ideal for the inevitable visitors that you get living in Margs'. Alternatively, the kids can get away from mum and dad and have their own bathroom and games room study alongside their rooms. Boasting three individual living areas, the open plan lounge/dining/kitchen area, as well as a study nook/games room between the two extra bedrooms, as well as a separate home theatre room. Adjoining the open plan lounge/living /kitchen area is an all weather undercover alfresco area with a perfect north facing outlook. There is ample off road parking and a big double garage.
Inspections of 11 Tipuana Terrace is by appointment only. There is a periodic lease in place, and depending on buyers requirements, vacant possession at settlement may be available.
Call exclusive Margaret River Real Estate Property Consultant Craig Bamford.
Mob: 0417 922 223 Email: [email protected]
Property features
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Garages
2
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Floor area
182m2
Property snapshot by reiwa.com
This property at 11 Tipuana Terrace, Margaret River is a three bedroom, two bathroom house sold by Craig Bamford at Margaret River Real Estate First National on 06 May 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,335 / year
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Water rates: $1,525 / year
Nearby schools
Margaret River overview
The townsite of Margaret River is located in the south west agricultural area, 277 kilometres south southwest of Perth and 48 kilometres south southwest of Busselton. It is located on the Margaret River from which it derives its name. The precise origin of the naming of the river is not known, but it was possibly named by John Bussell in honour of Margaret Wyche, a friend in England who was expected to follow the Bussell's to Australia. The name is first shown on a map of the region published in 1839.
In 1910 the Margaret River Progress Association wrote to the Minister for Lands requesting a townsite be declared at "the Upper Margaret Bridge". The reason given was that "the district is likely to be dotted with public buildings several miles apart in the near future if a townsite is not made available shortly". The District Surveyor who inspected the area preferred an area near the lower bridge on Caves Road, but this land was not available. Lots were surveyed in 1912, and the Townsite of Margaret River gazetted in 1913. In 1918 the name of the townsite was changed to "Margaret", but it was changed back to Margaret River in 1927, due to local usage of the name always being Margaret River.
Margaret River quick stats
High end
$880k
Median
$750k
Low end
$675k
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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