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14 Walkington Avenue, Margaret River WA 6285

Sold price: $485,000 Sold: 03 Feb 2021
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 1,055m2
House
14 Walkington Avenue, Margaret River WA 6285

OPPORTUNITY KNOCKS...COTTAGE ON BIG 1055M2.... R30/R40 BLOCK

Backing onto Margaret River Primary School is this sensational cottage on a huge 1055m2 lot zoned R30/40. Located in a very appealing part of town with its pretty tree lined street, a renovation of the old cottage will be totally at home, or secure this prime lot to develop at a later date.

Currently leased and being sold with vacant possession in February 2021, options abound.
Leave the car at home, walk to everything with ease.....to all the schools, university, stores, sports grounds.

Situated within the short stay zone, buyers can develop to take advantage of both tourism prospects to the short stay market or to residential living.

Property features

  • Carports 1

Property snapshot by reiwa.com

This property at 14 Walkington Avenue, Margaret River is a two bedroom, one bathroom house sold by Craig Bamford at Margaret River Real Estate First National on 03 Feb 2021.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.

Cost breakdown

  • Council rates: $2,008 / year
  • Water rates: $44 / year

Nearby schools

0.1km
0.1km
0.7km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
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 $720k
Low end $625k
10.9 %
Annual growth
$720k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

The median house price in Margaret River is $720,000, the median unit price is $590,500.

14 Walkington Avenue, Margaret River sold on 3/2/2021 for $485,000.
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