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HUGE MARGARET RIVER COASTAL BLOCK
Time is of the essence as coastal lots in Margaret River become an increasingly rarer commodity. Opportunity knocks here with a massive 3410m2 vacant block with a mild undulation and valley views. Tucked away only minutes from Margaret River Mainbreak, and other world famous surf breaks, and the golf course is oh so close as well.
This is an idyllic coastal location situated perfectly with convenient access to town and the stores and schools and sporting amenities.
Take advantage of the government stimulus to buy and build in this fantastic Margaret River coastal location. Shire Rates $1,930.00, Water $176.00
Scheme Water. ATU For Effluent Disposal.
Property features
Listing snapshot by reiwa.com
This land listing located in Margaret River was sold by Craig Bamford at Margaret River Real Estate First National.
If you would like to get in touch with Craig Bamford regarding Lot 5, 10 Offshore Crest, Margaret River, please call 0417 922 223 or contact the agent via email.
Cost breakdown
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Council rates: $1,930 / year
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Water rates: $176 / 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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