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RETRO GEM
This classic 70’s home is surrounded by established shady gardens and located within walking distance of the townsite of Margaret River, local schools and all the conveniences that town offers.
There are three large bedrooms, a bathroom, and a utility room, The open plan lounge room, leads to the dining area and kitchen and flows through to the verandah which overlooks the north facing backyard.
Built in 1980 on a fantastic 914m2 lot, this solid home is adjacent to public open space in a terrific location close to town, schools, and all of Margaret River's facilities.
This property is leased till 30th November 2023.
Property features
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Carports
1
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Floor area
132m2
Property snapshot by reiwa.com
This property at 6 Cabernet Place, Margaret River is a three bedroom, one bathroom house sold by Vicki Genge at Margaret River Real Estate First National on 07 Aug 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,181 / year
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Water rates: $1,525 / 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
$854k
Median
$726k
Low end
$650k
9.9 %
Annual growth
$726k
Annual median sales price
$680pw
Annual median rental price
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