Sold
19 Larch Loop, Margaret River WA 6285
Sold price: $425,000
Sold: 05 Nov 2020
Sold
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4 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 478m2
House
View
Nest or Invest
Fantastic Opportunity to secure this neat and tidy home opposite public open space, walking distance to local schools, walk trails and parks.
The home itself boasts 4 bedrooms - with the large master located at the front of the home and featuring a walk in robe and ensuite. 2 of the three minor bedrooms feature built-in robes and are conveniently located near the spacious family bathroom.
A huge kitchen provides plenty of room to cook up a storm with ample bench space and storage.
The open plan living/dining space is well proportioned with glass slider access to the fantastic Balinese alfresco area complete with cafe blinds, whilst a separate lounge off the entry hall provides an extra living area away from the central hub. Plenty of yard, perfect for kids or pets and a garden shed tucked neatly in the corner.
This property is the perfect package for first home buyers, investors, young families or those wanting to downsize.
Currently leased until March 2021 with a ROI of approx 4.8%.
##48 hours notice required for inspections##
Property features
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Carports
1
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Toilets
2
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Floor area
134m2
Property snapshot by reiwa.com
This property at 19 Larch Loop, Margaret River is a four bedroom, two bathroom house sold by Sarah Twine and Clare Andrews at Ray White Stocker Preston on 05 Nov 2020.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,374 / year
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Water rates: $1,427 / 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
This listing
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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