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Lot 263, 25 Culhane Road, Margaret River WA 6285

Sold price: $715,000 Sold: 17 Nov 2021
Sold
  • Landsize 1.00ha
Land
Lot 263, 25 Culhane Road, Margaret River WA 6285

VERY RARE EARTH

Majestically positioned at the peak of rolling hills in this blue ribbon rural residential estate, this vacant 1 hectare block represents a very rare opportunity to secure prime real estate between the townsite of Margaret River and the beach.

Position your future home perfectly to maximise the sun's warming rays and outstanding views as the generous building envelope has a north facing aspect that takes in bush views to the north and sweeping valley views of rolling hills and stands of Karri trees to the west. The rear of the property consists of a quality stand of native bush with the front of the block cleared and ready for building your dream Down South Home.

Serviced with power, telephone, sealed bitumen road to crossover and within walking or cycling distance to Margaret River and located on a school bus route, this property really gives you an amazing opportunity to secure your perfectly located patch of Margaret River paradise.

Listing snapshot by reiwa.com

This land listing located in Margaret River was sold by Barry Granville at Margaret River Real Estate First National.

If you would like to get in touch with Barry Granville regarding Lot 263, 25 Culhane Road, Margaret River, please call 0407 572 937 or contact the agent via email.

Nearby schools

2.8km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
2.9km
Margaret River Montessori School
  • Primary
  • Non-government
3.4km
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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
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.

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Lot 263, 25 Culhane Road, Margaret River sold on 17/11/2021 for $715,000.
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