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12 Olearia Crescent, Margaret River WA 6285

Sold price: $675,000 Sold: 20 Jan 2024
Sold
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 649m2
House
12 Olearia Crescent, Margaret River WA 6285

GREAT FAMILY HOME

Currently set out as 4 bedroom 2 bathrooms, this double brick and colorbond roof home is officially 3 bedroom 2 bathrooms. If you don't need the extra bedroom, it is easy to switch back to a theatre room providing two separate living areas.

The large open plan kitchen/dinning enjoys views to the covered outdoor living space and inviting gardens beyond. A double lock up garage provides easy entry into the house keeping you nice and dry on those wet winter days. There is also room for extra parking or storage area for a trailer at the side.

A quiet location and would suit an investor or family needing space to grow.

Property features

  • Garages 1
  • Floor area 233m2

Property snapshot by reiwa.com

This property at 12 Olearia Crescent, Margaret River is a three bedroom, two bathroom house sold by Barry Granville at Margaret River Real Estate First National on 20 Jan 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

  • Council rates: $3,022 / year
  • Water rates: $1,524 / year

Nearby schools

1.0km
2.3km
2.4km
Disclaimer

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 $825k
Median $705k
Low end $633k
6.1 %
Annual growth
$705k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

The median house price in Margaret River is $705,000, the median unit price is $605,000.

The average number of selling days in Margaret River is 11 days.

12 Olearia Crescent, Margaret River sold on 20/1/2024 for $675,000.
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