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1 Riverslea Drive,
Margaret River WA 6285

This property is Off Market

All about Margaret River Homes for sale in Margaret River


  • The Average property price in this area is $899,101, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 9.21 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Margaret River

With an average age of 43, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $458. The average family earns a weekly income of $2,144 with a typical household size of 2.7 and a 95.37% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Margaret River are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Margaret River leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Margaret River necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 797 asthma sufferers and 263 people living with diabetes. In addition, 321 people have a heart/vascular condition and 781 people live with three or more chronic diseases.

A good place to invest in property?

Margaret River a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Western Australia State average 54 / 100

Income

48 / 100

55 / 100

Industry

39 / 100

48 / 100

Population

25 / 100

35 / 100

House Prices

64 / 100

62 / 100

Jobs

14 / 100

17 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Margaret River Primary School

    Margaret River, WA, 6285 State K-6

  • Margaret River Senior High School

    Margaret River, WA, 6285 State 7-12

  • Margaret River Montessori School

    Margaret River, WA, 6285 Independent PP-6


Property Story

1 Riverslea Drive, Margaret River, Wa, 6285 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 9.21km and 0.05KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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