Margaret River, WA 6285

Margaret River, WA 6285

Compare Part of Augusta-Margaret River

234.32 km
Distance from CBD
7 k
Population
Median Sale Price
House
$500K
Updated on Mar 2020
2 BR
$385K
3 BR
$432K
4 BR
$541K
Unit
$318K
Updated on Mar 2020
1 BR
$263K
2 BR
$292K
3 BR
$439K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$475,000
0.0% $350,000 $1,450,000 70
2010
$552,500
+14.0% $335,000 $1,320,000 64
2011
$430,000
-28.5% $285,000 $2,125,000 93
2012
$425,000
-1.2% $220,000 $1,530,000 128
2013
$428,000
+0.7% $189,500 $1,500,000 269
2014
$455,000
+5.9% $95,000 $2,000,000 177
2015
$465,000
+2.2% $269,000 $1,358,000 157
2016
$460,000
-1.1% $200,750 $1,800,000 161
2017
$475,000
+3.2% $280,000 $1,300,000 134
2018
$510,000
+6.9% $224,000 $1,060,000 72
2019
$373,500
-36.5% $278,000 $818,000 19
2020
-
- - - -
Median Sale Price
$374K
Based on 14 recorded sales within the last 12 months
Updated on 30 May 2020
Suburb Growth
-27.2%
Current Median Price: $373,500
Previous Median Price: $475,000
Based on 40 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$400
Updated on Apr 2020
2 BR
$325
3 BR
$380
4 BR
$420
Unit
$305
Updated on Apr 2020
1 BR
$295
2 BR
$315
3 BR
$330
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
$530
0.0% $530 $530 1
2013
$360
-47.2% $230 $540 122
2014
$400
+10.0% $264 $550 89
2015
$410
+2.4% $225 $650 177
2016
$400
-2.5% $230 $580 146
2017
$400
0.0% $233 $530 114
2018
$420
+4.8% $245 $620 121
2019
$400
-5.0% $280 $600 117
2020
$420
+4.8% $250 $650 39
Median Rent Price
$400
per week
Based on 109 recorded rent within the last 12 months
Updated on 30 May 2020
Rent Price Growth
-2.5%
Current Median Rent: $400
Previous Median Rent: $410
Based on 237 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $373,500
Current Median rent: $400
Based on 123 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For Margaret River

Houses sold in Last 12 months ends 23 May 2020

$374K

Median Sale Price

100%

Clearance Rate

24/24

Sold/Reported

$870K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 1
$400 K - $600 K 1
less than $400 K
(Median Price Range)
6

Schools closest to Margaret River, WA 6285

School name Address Type Sector Distance
Margaret River Senior High SchoolTop 100 BUSSELL HIGHWAYMargaret River 6285 Secondary Government 0.13 km
Margaret River Primary School FORREST ROADMargaret River 6285 Primary Government 0.12 km
St Thomas More Catholic Primary School WALLCLIFFE ROADMargaret River 6285 Primary Catholic 0.49 km
Margaret River Montessori School 4-6 CLARKE ROADMargaret River 6285 Primary Independent 0.88 km