Back 15 Le Souef Street
Off Market

15 Le Souef Street

Margaret River WA 6285

3
1
2
0 m²
1012 m²
House
Last sold for $1,300,000
Tim BeesonTim Beeson, last sold this property on 24 September 2025 after 17 days on market.

Overview

Central Charm Boasting Views and Opportunity

Elevated atop the vibrant town of Margaret River, 15 Le Souef Street is a well maintained 3-bedroom, 1.5-bathroom classic home that beckons with its picturesque views and immense development potential. Spanning a generous 1012 square metres, this property affords a blend of charm and opportunity, making it an irresistible prospect for investors, developers, and those seeking a lucrative short-term rental venture. Boasting a character-filled design, this residence exudes a warm ambience, complemented by high ceilings and polished Blackbutt floorboards that evoke a sense of yesteryear. Two spacious living areas offer flexibility and comfort, while a potential study or additional storage room provides practicality for modern living. The heart of the home features a modern kitchen equipped with a freestanding 900mm oven, perfect for entertaining or honing culinary skills. Creature comforts are well catered for with air conditioning, a cosy woodfire, and ceiling fans ensuring year-round comfort. The house is serviced by a fully renovated modern bathroom featuring a double shower, dual vanities and a freestanding bath. Outside, the property's potential truly unfolds with side access leading to a large grassed backyard. The grounds include a double drive-in shed, established fig tree, and citrus, offering a canvas for the green-thumbed or those with visions of further expansion. Zoned 30/40, (potential 3/4 dwelling development) this residence presents an extraordinary development opportunity, especially given its favourable outlook, offering views across town to the west and massive Karri's to the north. Also this property is located within the shires short stay permissible zone. With ample parking for three vehicles, this home is as practical as it is charming. Don't miss the chance to own a piece of Margaret River's heritage, all while unlocking the potential for future growth. This offering is more than just a home—it's a smart investment in one of Western Australia's most coveted locales. Contact Tim Beeson from The Agency Margaret River to view this amazing opportunity. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
1012 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Margaret River over the last 12 months, the estimated median property value of 15 Le Souef Street is $980k.

Median value
$980k
Estimated value range
$720k - $1.69m
Median days on market
17
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Margaret River. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Le Souef Street

2025
Sold
$1,300,000
Private Sale/Treaty on 24 Sep 2025 by Tim Beeson, of The Agency Perth
2023
Rented
Undisclosed
Leased on 26 Oct 2023 by Margaret River Real Estate First National
2017
Sold
Undisclosed
21 May 2017 by Susan Millar, of Ray White Stocker Preston | Margaret River

Happy sellers in Margaret River

94%
94% of sellers in Margaret River reported that their sale price either exceeded or met their price expectations.

Margaret River stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Margaret River over the last 12 months.

Local market activity for 3 bedroom houses in Margaret River

In the last 12 months, 51 three-bedroom houses similar to 15 Le Souef Street, have been sold.

This represents a 41% increase in three-bedroom houses sales when compared to the previous 12 months.

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