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3/16 Magpie Street, Margaret River WA 6285

Sold price: $284,000 Sold: 23 Jan 2020
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 186m2
House
3/16 Magpie Street, Margaret River WA 6285

Swoop into Magpie!

Located in the well managed Magpie Townhouses Enclave this funky 2 bed, 1 bath (2wc's) north facing 2 storey townhouse offers an attractive package for all kinds of buyers.

Living is easy downstairs with a galley kitchen that separates the living and dining area. A north facing courtyard is accessed off the living area by sliding doors bringing the outdoors in. Moving upstairs the generous size bedrooms with floor to ceiling windows allow an abundance of light and create a sense of space. The bathroom and separate 2nd WC are conveniently located between to bedrooms to ensure privacy. Tandem parking and a good sized storeroom complete the picture.

Whether you are first home buyers, downsizers, or looking for the perfect lock and leave or rental investment then this one is for you!

Currently leased until May 2020 with a ROI of approx 5.3%
Inspections require 48 hours notice.

Property features

  • Air conditioned  
  • Toilets 2
  • Floor area 96m2

Property snapshot by reiwa.com

This property at 3/16 Magpie Street, Margaret River is a two bedroom, one bathroom house sold by Sarah Twine at Ray White Stocker Preston on 23 Jan 2020.

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: $2,120 / year
  • Water rates: $1,427 / year
  • Strata fees: $432 / quarter

Nearby schools

0.5km
1.2km
1.3km
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
This listing
10.9 %
Annual growth
$720k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

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

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

3/16 Magpie Street, Margaret River was sold by Sarah Twine at Ray White Stocker Preston.

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