Sold
3 Isaacs Road, Margaret River WA 6285
Sold price: $1,595,000
Sold: 16 Jul 2019
Sold
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5 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 31,200m2
House
View
New Price to Sell!
When the Wallcliffe Wilderness Estate was released in 1976, local resident "Smiler" Gale climbed trees on the first few blocks on Isaacs Road to determine the block with the best view of the river mouth and ocean. He had no hesitation in selecting Lot 19. The following year, Smiler and Pat built their 2 storey home to accommodate a family of 6 in the best position on the block to maximise the water views. Over the years they have developed lovely gardens around the house.
Whilst the decor of the main residence remains unchanged, it has "good bones" and can withstand the challenge of implementing your own requirements.
Some time later, a 2 bedroom plus study rammed limestone cottage was built away from the main home to accommodate one of the children. This cottage also has great ocean views from a wide verandah and is currently rented.
So whether you are looking for a fabulous property to live on or holiday, with the ability to earn a substantial income, don't hesitate as this is a lovely secluded block with arguable the best views of river mouth and ocean!
Property features
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Garages
2
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Toilets
2
Property snapshot by reiwa.com
This property at 3 Isaacs Road, Margaret River is a five bedroom, two bathroom house sold by Ken Preston at Ray White Stocker Preston on 16 Jul 2019.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
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
$820k
Median
$708k
Low end
$620k
This listing
9.0 %
Annual growth
$708k
Annual median sales price
$700pw
Annual median rental price
