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NEAR NEW FAMILY HOME
This large family home is located in an elevated position on a generous 621m2 lot.
Accommodation comprises of 4 spacious bedrooms, 2 stylish bathrooms, chefs kitchen featuring stone bench tops, island bench/breakfast bar, 900mm appliances and an extra media room adjacent to the open plan living and dining area.
The sheltered outdoor alfresco area is under the main roof and is paved and fringed with garden beds.
This home is well appointed and includes ducted climate control throughout and the gardens and lawns are established and reticulated.
Situated in a family friendly area with parks, gardens, forest, and waterways nearby with Rapids Landing Primary School within walking distance.
Returning $600 per week with a great tenant in place till January 2022.
Property features
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Garages
2
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Floor area
232m2
Property snapshot by reiwa.com
This property at 5 Tipuana Terrace, Margaret River is a four bedroom, two bathroom house sold by Vicki Genge at Margaret River Real Estate First National on 13 Oct 2021.
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: $2,682 / year
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Water rates: $1,463 / 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
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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