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 › Formosa St
For sale
For sale
2
Bedrooms
2
Bathrooms
2
Car spaces
200 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
Asking
No recorded sale price for this property yet.
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 200 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 200 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 Ray White Stocker Preston | Margaret RiverSome homes impress with their design. Others with their location. Very few offer both.
Perfectly positioned at 28 Formosa Street, this architecturally designed residence enjoys one of Margaret River's most tightly held and desirable locations. Nestled opposite towering native forest, with the Riverwalk quite literally at your doorstep, you'll wake each morning to birdsong, peaceful treetop views and a sense of space that is impossible to recreate.
Yet just a few minutes walk away, you'll find yourself in the heart of Margaret River. Start your day with coffee at Hairy Marron Cafe, enjoy dinner at Pizzica or La Scarpetta, collect fresh bread from the iconic Margaret River Bakery, or spend the afternoon exploring the town's renowned cafe's, restaurants, galleries and boutique shopping.
This is the rare luxury of living immersed in nature without sacrificing convenience.
Opportunities to purchase architecturally designed homes overlooking protected native forest, within walking distance of Margaret River's vibrant town centre, are exceptionally rare. Locations like this cannot be recreated.
Most buyers find themselves choosing between the convenience of living close to town or the tranquillity of a peaceful natural setting. At 28 Formosa Street, you'll never have to compromise. Here, towering native forest, the Riverwalk and kms of walking and cycling trails become an extension of your home, while cafe's, restaurants, boutique shopping and everyday amenities remain just a short stroll away.
Designed and built by acclaimed local builder Modhouse, this thoughtfully crafted residence reflects a level of craftsmanship, attention to detail and timeless contemporary design rarely found in today's market.
Thoughtfully designed over two spacious levels, the home's intelligent floorplan balances privacy with effortless entertaining. Downstairs, two generous bedrooms each feature their own beautifully appointed ensuite and sliding doors opening onto a private courtyard, creating an ideal retreat for owners and guests alike. A spacious entry hall, built in laundry and cleverly positioned rear staircase complete the functional lower level.
Upstairs is where the home truly comes to life. Designed around the way people love to live and entertain, the entire upper level has been positioned to capture the tranquil forest outlook. The open plan kitchen, dining and living areas flow seamlessly onto an expansive covered entertaining balcony, creating one generous and highly functional living space.
Complete with outdoor blinds, an infrared heater and a built in barbecue kitchen, the balcony becomes a true year round extension of the home - perfect for long lunches, family gatherings or relaxed evenings overlooking the towering native forest.
At the heart of it all, the custom designed kitchen has been thoughtfully planned for both everyday living and entertaining. Expansive bench space, premium finishes and a cleverly concealed butler's pantry provide exceptional functionality while maintaining the home's clean, contemporary aesthetic. A conveniently located powder room further enhances the practicality of the upper level.
Double glazing throughout delivers exceptional comfort, energy efficiency and year round climate control, reflecting the quality of construction and meticulous attention to detail evident throughout the residence.
Equally appealing is the effortless lifestyle it provides. Designed as an easy care lock and leave home, it offers all the benefits of premium living without the burden of maintaining a large garden. Rather than spending weekends maintaining a backyard, your front yard becomes one of Margaret River's most spectacular natural playgrounds.
Step outside and the Riverwalk connects directly to the Wardandi Track and The Pines mountain bike precinct, offering endless opportunities to walk, ride and explore. Whether it's an early morning stroll beneath towering trees, a bike ride through the forest, or an evening walk into town for dinner, this is a lifestyle few properties can genuinely offer.
Whether you're searching for an exceptional permanent residence, a luxurious lock and leave retreat or an exclusive South West escape, this remarkable home delivers an enviable combination of luxury, nature and convenience in one of Margaret River's most tightly held locations.
Some homes give you a backyard. This one gives you the forest, the river and the very best of Margaret River.
Register your interest today.
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.