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13 Merino Way, Margaret River WA 6285

Sold price: $992,000 Sold: 25 Apr 2021
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • Landsize 2.99ha
House
13 Merino Way, Margaret River WA 6285

3-Hectare Property on the Edge of Town!

That's right, this rare as hen's teeth 3ha property with the potential to subdivide in place is now available for purchase and I can guarantee that you will never find another 3ha property this close to town come to market!

And with the purchase comes options, you can go ahead with the subdivision, divide off 1ha and keep 2ha for yourself or vice versa, or why not just keep the whole 3ha for your own personal use!

Improvements include a 1980s style home currently tenanted until July, a powered shed, miscellaneous lean-to's, and a chook pen!

Situated on the outskirts of Margaret River, a mere 1.4km to the top of town this property is a rare offering on the much-loved west side of town so don't delay and call me to arrange a private walk over the property today!

• Potential to subdivide into 2 lots
• West Side of Town
• 1.4km to the Top of Town
• Private & Secluded location
• Town Water

Property features

  • Toilets 1

Property snapshot by reiwa.com

This property at 13 Merino Way, Margaret River is a three bedroom, one bathroom house sold by Kim Hewton at Ray White Stocker Preston on 25 Apr 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

  • Council rates: $2,482 / year
  • Water rates: $264 / year

Nearby schools

1.1km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
1.2km
Margaret River Montessori School
  • Primary
  • Non-government
1.7km
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 $880k
Median $750k
Low end $675k
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price

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FAQ's

The median house price in Margaret River is $750,000, the median unit price is $820,000.

13 Merino Way, Margaret River sold on 25/4/2021 for $992,000.
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