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16/62 Orchid Ramble, Margaret River WA 6285

Sold price: $350,000 Sold: 05 May 2020
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  • Landsize 960m2
Land
16/62 Orchid Ramble, Margaret River WA 6285

Coastal Lifestyle

Prevelly is one of the most sort after coastal areas in the Southwest. With access to stunning beaches, golf course, bike and walk paths, it's easy to see why this location is one of the best in the Margaret River region.

This 960sqm bush block has been partially cleared and is zoned for dual use (permanent residency or holiday home). Plans have been preapproved for a 3 x 2 Chalet with underground power and town water on site.

The outlook of diverse mature West Australian natives trees, with an abundance of Australian grass trees and wildlife, speaks instantly of privacy and peacefulness.

With only a 10 minute drive into Margaret River town centre, 3 minute to the Prevelly Beach and peaceful 5 minute walk to the River, this unique opportunity to secure an affordable piece of paradise is real.

For more information about this beautiful block, please contact Paul Manners the Southwest property specialist on 0448 900 838.

Listing snapshot by reiwa.com

This land listing located in Margaret River was sold by Paul Manners at Space Real Estate.

If you would like to get in touch with Paul Manners regarding 16/62 Orchid Ramble, Margaret River, please call 0448 900 838 or contact the agent via email.

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.

16/62 Orchid Ramble, Margaret River sold on 5/5/2020 for $350,000.

The average number of selling days in Margaret River is 12 days.
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