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276 Railway Terrace, Margaret River WA 6285

Sold price: $277,500 Sold: 12 Nov 2019
Sold
  • Landsize 1,012m2
Land
276 Railway Terrace, Margaret River WA 6285

Freedom of Choice

Savvy buyers check this out… Imagine building your dream home with its alfresco overlooking bushland, and your own studio or business venture right there, in your own backyard, with its own private access. Heaps of options with this huge block in an ideal location for so many purposes. Build a huge home and enjoy your grand backyard with rear laneway access to your new giant shed? What about a luxury home plus an art studio or ancillary dwelling for the kids, visitors or maybe even for your home business? Composite uses on this rare Composite zoned property! The potential here is huge. Get started on your dreams now.

Listing snapshot by reiwa.com

This land listing located in Margaret River was sold by Mark Murray at Ray White Stocker Preston.

If you would like to get in touch with Mark Murray regarding 276 Railway Terrace, Margaret River, please call 0427 030 301 or contact the agent via email.

Nearby schools

0.3km
Margaret River Montessori School
  • Primary
  • Non-government
1.0km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
1.0km
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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 $820k
Median $708k
Low end $620k
This listing
9.0 %
Annual growth
$708k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

The median house price in Margaret River is $707,500, the median unit price is $590,500.

276 Railway Terrace, Margaret River sold on 12/11/2019 for $277,500.

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