Margaret River at a glance
10,690
People
$1,031,000
Median sale
$719/wk
Median rent
3.63%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
WA › Margaret River › Riverslea Dr
$1,526,000
Last sold
23 Mar 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
1,042 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,526,000
23 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Margaret River (last 5 years) with land size have a median of $1,476/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Margaret River at a glance
10,690
People
$1,031,000
Median sale
$719/wk
Median rent
3.63%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Vs Margaret River
+48.0%
Median sale
Suburb $1,031,000
-1.18 pp
Gross yield
Suburb 3.63%
Suburb median $1,031,000 from 70 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
AUGUSTA-MARGARET RIVER
Zone
Residential
1
Jurisdiction
Augusta Margaret River
Augusta Margaret River, WA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,042 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $719/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
2 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,042 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,045 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Margaret River at a glance
10,690
People
$1,031,000
Median sale
$719/wk
Median rent
3.63%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Stocker Preston | Margaret RiverIf you love the charm of a cottage but want the space and comfort of a modern home, this one delivers in all the right ways. With high raked ceilings, light filled living areas and wide verandas overlooking leafy surrounds, it offers a relaxed lifestyle in a superb location.
Set on a generous, established block in a quiet corner of town, the home is just metres from the Margaret River Foreshore, Warperup Creek and the 10 Mile Dam Walk/Cycle Trail. It's also a short drive to the centre of Margaret River - ideal for morning coffees, school runs or an easy night out.
Inside, the welcoming entry opens to a spacious open plan living area with warm timber floors and soaring ceilings. The corner kitchen is a standout, anchored by a granite topped angled island bench that naturally becomes the hub of the home. With generous storage, stainless steel appliances, two ovens and a 900mm gas cooktop, it's well equipped for everyday family life and entertaining alike.
Downstairs, you'll find two generous bedrooms, a family bathroom, separate WC and laundry, along with the main bedroom featuring a walk in robe and private ensuite.
Upstairs, the loft style level adds flexibility with two king sized bedrooms (one with its own Juliet balcony and sink) and a separate study or library space in between - ideal for kids, guests or working from home.
Outdoors is where this property truly stands out. An epic, covered timber deck flows directly from the main living area, creating a superb space for entertaining, long lunches and summer evenings with friends. Timber screening enhances privacy, while the established, reticulated gardens and mature trees frame the backyard beautifully, offering shade, space and a peaceful green outlook.
With approved short term holiday rental until 2030 and a strong income history, this is a versatile property that works equally well as a family home, weekender or smart investment in one of Margaret River's most sought after leafy locations.
Please note: Registering your attendance is a condition of entry at our Open Home inspections. To save time on the day of the Open Home, you can pre-register by contacting the Property Consultant. This ensures a smoother experience and can avoid potential wait times.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Listing description written by Sarah Twine, Ray White Stocker Preston | Margaret River — reproduced as published, not verified by Districts.