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 › Karri Loop
5
Bedrooms
2
Bathrooms
0
Car spaces
2,513 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 2,513 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 2,513 m² — that is not official geometry.
Nearby development pipeline
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 First National Real Estate Margaret RiverNestled in the peaceful and prestigious Basildene Estate, this property offers the perfect balance of tranquility and convenience. Located between the town site of Margaret River and the pristine beaches of Prevelly, this home offers an idyllic lifestyle. With the added benefit of a separate two-bedroom studio at the rear, currently rented out for $500 per week including bills, the property offers excellent potential for extra income or a private retreat.
Constructed from Western Red Cedar weatherboard and zinc, this charming home features three bedrooms and one bathroom, with an upstairs loft area currently serving as an office. The home's design takes full advantage of its natural surroundings with high raked ceilings, bush poles, and large windows on all sides, allowing for an abundance of natural light and stunning views of the surrounding bushland.
As you enter the property via a sealed hot mix circular driveway, you are greeted by a beautifully established native garden and a quaint cottage-like home with loads of character. The home's front portico verandah invites you into the main living area, where you'll find an open-plan kitchen, dining, and living space, all offering elevated views to the backyard. The floors in the main living area are tiled, and feature bush poles, raked ceilings, and a slow wood combustion heater for added warmth and character.
The kitchen is well-equipped with a freestanding electric oven, a four-burner electric cooktop, built-in pantry, and dishwasher. To the west of the main living area are two minor bedrooms, each with carpets, skirting boards, window treatments, though without built-in robes. The master bedroom is located on the opposite side of the home and includes built-in robes, carpets, and window treatments.
The main bathroom includes a large deep bath, shower, vanity, and trough with direct access to the enclosed patio area, while the separate WC provides convenience. Upstairs, the loft area features raked ceilings, a ceiling fan, a timber balustrade, and reverse cycle air conditioning. The main house is equipped with a Bosch heat pump hot water system for efficient energy use.
Studio/Ancillary Accommodation:
The separate studio is located at the rear of the block, with side access via an electric gate and hot mix driveway. Constructed from Colourbond and nicely tucked away with wood fencing, the studio is a private and self-contained space.
Recently renovated, the studio includes a spacious modern kitchen with vinyl flooring throughout. The living area is equipped with reverse cycle air conditioning for year-round comfort. The large bathroom includes a generous shower, vanity, and WC. The main bedroom has ample storage space and window treatments, while the second bedroom includes built-in robes and could easily function as a bedroom or office space. The studio is also fully insulated and benefits from an instant gas hot water system.
The studio is powered by a 24-panel solar system, which provides solar power to the entire property, offering significant savings on energy costs.
Property Features:
*Two sea containers for additional storage
*Two rainwater tanks for water conservation
*Enclosed patio area with additional storage
*Chook pen for those interested in sustainable living
*Fruit Trees
*Reticulated back lawn
*Garden Shed
*Electric side gate and hot mix driveway with edging
*24 Solar Panels
This property offers a fantastic opportunity for those seeking a peaceful and private lifestyle with potential for rental income. It combines charming character with modern upgrades, making it a rare find in the highly desirable Basildene Estate.
Listing description written by Megan Booth, First National Real Estate Margaret River — reproduced as published, not verified by Districts.
Nearby 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.