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 › Hermitage Dr
4
Bedrooms
2
Bathrooms
4
Car spaces
2,009 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Margaret River (last 5 years) with land size have a median of $1,470/m² of land (n=98). 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.
Planning
Planning data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 2,009 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.
Official flood overlay has not been retrieved (pending). 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.
1 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 2,009 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Space Realty CottesloeYou'll be captivated by the natural beauty, inspired by the majestic gardens and fall in love with the undeniable charm. An entrance of grand proportions, the architecturally inspired arched windows capture the beauty and grandeur of this magnificent home.
The light-filled entrance highlights the high ceilings, walls and arched windows, instantly giving you a feeling that you have stepped back in time. An office is positioned to the left with a separate sitting room further along. The space provides solitude for family members, along with a peaceful outlook through the arched windows and glass French doors.
With entertaining in mind, this spectacular newly designed kitchen features endless storage ideas, spacious Caesar stone benchtops, dishwasher, induction cooktop and a Smeg pyrolytic oven. Plantation shutters filter the sunlight and control the airflow throughout the space, and are aesthetically pleasing to the eye.
A half wall with columns separates the dining and lounge rooms, promoting a variety of living possibilities for the family. Three queen-sized bedrooms, a separate bathroom and laundry are located off the dining and living rooms, via the hallway. Each bedroom is light-filled, generous in size and features new carpets and a built-in wardrobe. The newly renovated separate bathroom features Caesar stone vanity tops and stunning stone tiling, with the laundry providing additional storage ideas and access to the outside gardens.
The expansive master bedroom suite is accessible via the staircase near the main entrance. Complete with an open sitting room and magical outlook. The newly renovated bathroom is impressive, with a separate toilet and walk-in wardrobe. New carpets compliment this space beautifully.
The large undercover alfresco area is accessible from the dining and living rooms, with two separate sliding doors providing outside access. The space caters for all occasions and overlooks the meticulous lawn and landscaped gardens. The backyard is complete with productive fruit trees and veggie boxes, along with an abundance of mature natives and a variety of plants. A large shed is positioned along the back boundary and is accessible via a gate located on the eastern side. The space can accommodate storage for a caravan, boat or trailer.
A landscape of Agapanthus, Proteas, matures natives, and abundant birdlife surrounds the stand-alone Jacaranda tree in the front yard. The impeccable gardens highlight the opulence and grandeur of this beautiful home. This impressive property is only a 2-minute drive into Margaret River town centre, 11 minutes to Gnarabup Beach.
For a private viewing, please contact Paul Manners, your South West Property Specialist.
Listing description written by Paul Manners, Space Realty Cottesloe — reproduced as published, not verified by Districts.