Sold
11 Valley Road, Margaret River WA 6285
Sold price: $1,110,000
Sold: 06 Nov 2021
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 900m2
House
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ABSOLUTE CLASS
It’s not often that a property that completes the trifecta in desirable attributes – location, quality and income potential – comes on the market in Margaret River. This property possesses of all these attributes in spades and really needs to be seen to be appreciated.
The quality of this home is of an exceptional level and all the fixtures and fittings reflect the meticulous class and taste that has been invested into its build. The 7 star energy rated floor plan is also exceptional, as the spacious bedrooms, open plan living and outdoor living have all been orientated to maximise the uninterrupted views over the tree filled valley to the north. The fully landscaped & reticulated gardens and grounds on 900m2 are immaculate, with garden shed, water tank and fruit trees completing the package.
Privately tucked away in a quiet location, the elevated property overlooks State Forest and provides an ambience of seclusion and serenity, however, the conveniences of town are less than a 400 metre stroll away. This close proximity to town results in the property lying within the short stay approval zone, so the potential for investment return on this property is maximised – with the owner still having the opportunity to use at their leisure.
As far as property attributes go, it truly does not get any better than this. A quality home in the absolute heart of Margaret River, maximum earning capacity and all of the conveniences of town and nature’s beauty literally at the doorstep.
Property features
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Garages
2
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Floor area
246m2
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Study
Property snapshot by reiwa.com
This property at 11 Valley Road, Margaret River is a three bedroom, two bathroom house sold by Nicole Fowler at Margaret River Real Estate First National on 06 Nov 2021.
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: $2,431 / year
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Water rates: $1,609 / 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
