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 › Glenellie Rd
$3,750,000
Last sold
15 June 2026
8
Bedrooms
7
Bathrooms
9
Car spaces
33,600 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
$3,750,000
15 June 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
+263.7%
Median sale
Suburb $1,031,000
-2.63 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 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 33,600 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 33,600 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 RiverGlen Ellie offers a rare opportunity to own a piece of history, nestled in the heart of Margaret River. Tucked just off Caves road, this captivating property has historic significance as one of the region's first farms, settled in the late 1890s and owned by the Le Souef family for nearly 75 years.
Built in 1909, it was the retirement home of Colonel Ernest Albert Le Souef, founding director of the Perth Zoo, making it a key part of the area's heritage. Colonel Le Souef was an eminent veterinarian and zoologist and his attention to detail is fully reflected in the beautiful gardens.
Carefully renovated and extended, the homestead combines historic charm with modern comforts, set within beautifully landscaped gardens. With renovated ensuites, expanded terraces, and preserved character, Glen Ellie offers both timeless elegance and contemporary convenience. Surrounded by lush gardens, this property is a true sanctuary, blending history, luxury and tranquility.
Property Highlights:
• Main House: The original homestead now features a guest suite, a well appointed kitchen and huge open plan living dining room with a Jetmaster wood fireplace. The kitchen boasts an 800 year old Redgum benchtop, Jarrah flooring, A/C, modern appliances, and a butler's pantry with space for three fridges. An expansive outdoor living deck offers a BBQ, bar fridge, and a covered verandah ideal for relaxing and overlooking the delightful gardens. The guest suite has stunning garden views, a renovated ensuite, and a built in robe. The west facing verandah is home to a German custom built sauna for ultimate relaxation.
• Master Suite: A breezeway leads to the private master suite, featuring a spacious living area, ensuite, and walk in wardrobe. The Italian marble bathroom offers timber benchtops and double vanities.
• Guest Wing: A few steps from the main house and linked by another covered breezeway are the original shearers' quarters which have been beautifully converted into two guest suites with ensuite bathrooms and a sitting area, fully equipped office, wine cellar and laundry. The distinctive office space is custom designed, offering generous proportions and a perfect setting for both work and relaxation. Two beautifully appointed bedrooms, each with renovated ensuites and access to a large east facing deck, offer a serene retreat with abundant natural light. A custom wine cellar with jarrah shelves holds up to 2,000 bottles. The laundry is fully equipped with ample storage and bench space.
• Studio: A self contained, thoughtfully designed space with a bedroom, ensuite, living area, kitchenette, A/C, double glazed windows, blackbutt flooring, and underfloor heating in the bathroom, private and set within a beautiful garden.
• Carport: Large double carport with a fully insulated shed.
• Garage: Three car garage with additional storage.
• Shed: Spacious shed with four roller doors, ideal for projects and storage.
• Art Studio: The old stables have been converted into a creative art studio and gallery, complete with a bedroom, ensuite, kitchenette and living area.
• Cottage: A separate two bedroom cottage with a bathroom, utility room, open plan living, laundry and kitchen, perfect for guests or additional rental potential.
• Holding Pond: A man made waterhole with a sundeck and gazebo.
• Lush, manicured gardens with 22 species of palms and colourful plants.
• Water Supply: Eight rainwater tanks for domestic use and a dam water supply for the gardens, protected by easement.
• Bitumen road frontage providing easy access.
The property is offered for sale with all furniture and equipment (excluding selected artworks).
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
Disclaimer: 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.
Listing description written by Gracia Fernandez, Ray White Stocker Preston | Margaret River — reproduced as published, not verified by Districts.
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