Margaret River, WESTERN-AUSTRALIA Real Estate & Suburb Profile
Comprehensive property market insights and live data for Margaret River.
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About Margaret River Real Estate
Margaret River is a town in the South West region of Western Australia, located in the valley of the Margaret River, 277 kilometres (172 mi) south of Perth, the state capital. Its Local Government Area is the Shire of Augusta Margaret River.
Margaret River's coast to the west of the town is a renowned surfing location with worldwide fame for its surf breaks including, but not limited to, 'Main Break' and 'The Box'. Colloquially, the area is referred to as "Margs".
The surrounding area is the Margaret River wine region and is known for its wine production and tourism, attracting an estimated 500,000 visitors annually.
Property Investment Potential
When analyzing the local real estate landscape, Margaret River presents a dynamic opportunity. With median property prices sitting around $613,000 and delivering an average rental yield of 5.5%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 49 days on the market, underscoring the consistent demand in this part of Western Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Margaret River
Frequently Asked Questions about Margaret River Real Estate
What is the median house price in Margaret River?
The median house price in Margaret River, Western Australia is currently estimated at $613,000.
Is Margaret River a good place to invest?
With a capital growth of 4% over the last 12 months and an average rental yield of 5.5%, Margaret River presents a solid opportunity for property investors.
What is the postcode for Margaret River?
The postcode for Margaret River in Western Australia is 6285.