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 › Forrest Rd
$1,160,000
Last sold
9 Dec 2024
5
Bedrooms
4
Bathrooms
3
Car spaces
763 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
$1,160,000
9 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Margaret River (last 5 years) with land size have a median of $1,465/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
+12.5%
Median sale
Suburb $1,031,000
-0.41 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 763 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 763 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 RiverWelcome to 49 Forrest Road - both a sanctuary and a smart investment. The beautifully renovated, character-filled home offers versatile living and income potential, all within walking distance to town, schools and the river.
This spacious five bedroom, four bathroom residence combines modern updates with timeless charm and incorporates separate studio accommodation. The main house boasts a bright, open-plan living, dining, and kitchen area that connects beautifully with the extended, covered timber deck - perfect for entertaining and enjoying the winter sunshine from the north. Polished timber floors run throughout the living spaces, complemented by vaulted ceilings and skylights that fill the home with natural light. The updated kitchen features new flooring, cabinetry and tiling offering a fresh, modern feel. A separate east-facing rear courtyard offers a tranquil escape, perfect to drop in a hot tub or escape to enjoy some peace.
The primary suite includes an ensuite bathroom and walk in robe, along with access to an adjoining room that is ideal for use as home office or nursery. Bedroom three is generously sized with built in robes, and a family bathroom with a separate WC is conveniently located near the laundry. Bedroom four enjoys its own ensuite and private WC, ensuring comfort and privacy.
A newly constructed studio under the main roof provides additional living options. With a separate, private, gated entrance with parking; courtyard with hot and cold outdoor shower; and a cleverly designed one bedroom unit with open-plan living, kitchenette, and bathroom; this space is perfect for guests, long-term rental, or short stay. Registered under the Short-Term Rental Accommodation (STRA) Register it enjoys good occupancy levels with scope to increase.
The property sits proudly behind a private, solid wall lined with established deciduous trees providing welcome shade in summer and light in winter, creating a peaceful private garden setting.
Electric gate access to the carport from the side road provides convenient shoppers' entry through the laundry/mudroom. There's also a handy storage shed for garden tools.
Located close to town with easy access to the river, this home blends convenience, comfort, and versatility. Don't miss the opportunity to make it yours!
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.