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 › Elva St
$1,100,000
Last sold
23 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
1,012 m²
Land
132 m²
Building
Districts View
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
$1,100,000
23 Apr 2025 · 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
+6.7%
Median sale
Suburb $1,031,000
-0.23 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 1,012 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 1,012 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 RiverCottages with as much character and comfort as this one do not come along very often. Extended to provide additional living space, this delightful three bedroom home sits proudly on a traditional quarter acre block just a few streets back from Margaret River's main street.
Built in 1954, the home blends timeless charm with thoughtful updates, including an extension to the living space, creating a warm and inviting environment ready for its next chapter. The generous block offers subdivision potential under the R20 zoning, making this a smart purchase for future growth.
The spacious backyard is full of potential, with plenty of room for children, pets, or future plans. There is also space to potentially park a caravan. The backyard features mature trees, offering shade, privacy, and a beautiful natural setting. Additionally, the shed in the backyard offers exciting potential for conversion into an ancillary dwelling, providing opportunities for rental income, a studio, or guest accommodation. The backyard also boasts a treehouse, adding a touch of adventure and charm for children or simply as a unique feature for your outdoor space.
The living space is complemented by a wood fire heater in the original section of the home, ideal for cosy winter nights, and an air conditioning unit in the extended living area, ensuring year round comfort.
Tucked away yet close to everything, this charming home is ideal for families, downsizers, or anyone seeking that magical Margaret River lifestyle. If you are not ready to move in just yet, it also sits within the Shire's Permissible Zone for Holiday Houses, meaning approval for holiday use may be sought.
This precious block will reward the fortunate buyer with the kind of family property that most of us only dream of. And if you choose to subdivide in the future, you will be holding not just a home, but two valuable assets in one of Western Australia's most sought-after regions.
Key Features:
• Shire's Permissible Zone for Holiday Houses
• R20 zoning with subdivision potential
• Three spacious bedrooms
• Extension to the living space area
• Wood fire heater in the original section of the home
• A/C unit in the extended living area
• Sheltered front porch entry
• Polished jarrah floorboards to dining, kitchen, and bedrooms
• Front bedroom is spacious and has windows to the porch
• The kitchen is well appointed and connected to the original part of the house
• New living room has tiled floors; sliding doors open to the backyard outdoor entertaining area
• Fabulous bathroom with shower over bathtub, a laundry, and an enclosed WC
• Large carport area with access to the backyard
• Extra off street parking in the front yard, behind a generous front garden
• Shed in the backyard with potential for ancillary dwelling conversion
• Space to potentially park a caravan and a good sized backyard
• Treehouse and mature trees in the backyard
• Quiet street, just a stroll from shops and schools
Do not miss your chance to secure a truly special slice of Margaret River - book your inspection 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 Gracia Fernandez, Ray White Stocker Preston | Margaret River — reproduced as published, not verified by Districts.
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