We stayed here in March for 5 nights in a "luxury spa cottage" which according to the website was "new".

Firstly, the good: Margaret River is lovely area with countless number of wineries, lovely beaches and fantastic food. Waterfall cottages is located right in the middle of the region between the two capes so makes it easy to explore the whole area. Also quite conveniently located to the main Margaret River shopping strip where there are cafes, supermarkets, gourmet butchers etc.
The cottage is also very private. We didn't hear much noise at all from other people staying on the property (although it was not a busy time of year anyway) and the BBQ on the verandah was very handy. There is also an abundance of wildlife including ducks, roos and rabbits which come out around dusk.
The not so great: The luxury spa cottages are advertised on their website as being new and 5 star standard. There is also some stuff about being stunningly designed and decorated but that could be subjective so I won't talk too much about that. While the cottage was nice, it certainly wasn't what I would call luxurious by any standards. When we arrived, the 2 person corner spa had no less than 4 dead bugs in it. And they weren't small (one was a moth) and had been obviously squashed as one of them had lost its wings. Needless to say we did not use the spa. They also advertise a king size bed; the bed in our cottage would have been a queen at best and only had a flat sheet to use as a blanket at night. Again, not my idea of luxury especially given the cooler weather. The washer/dryer supplied had some old stagnant water left in it with gunky bits...this wouldn't budge even after we ran one cycle to try and clean it out so we didn't make use of this either. The LCD TVs are the size of computer screens and the one in the lounge is on a shelf so high that you have to crane your neck to watch it if you are sitting on the couch. Plus, peeling paint over the skirting throughout the cottage made me wonder when they last updated their website. Oh, and there were no scented candles as promised either.

Service itself was ok. They have a very ill tempered alaskan malamute (a big dog!) guarding the office door which barks and growls when approached (you have to go into the office to check in and out) and at no point during our check in did they offer any information about the region or make any friendly conversation about our trip. On check out, unsurprisingly we were not asked if we enjoyed our stay.

This is at best an average establishment in a great location, but certainly not a luxury 5 star getaway. Lucky for us, there were so many things to do in Margaret River that we didn't need to spend too much time in our accommodation.

We thoroughly enjoyed our 3 nights at Waterfall Cottages with wallabies in the grounds and waterfall nearby. The unit was clean and sufficiently appointed for us to prepare meals.

My husband and I stayed for three nights in the studio and we had a great time. We found the studio although small, was comfortable; the bed in particular and the couch which in many place often is hard but this one was really soft. The bathroom is really small so if you are wanting to pamper yourself in that way then the studio isn't for you. I noticed one reviewer said there was little ventilation; I don't agree there is one window in the bathroom which can be opened, four stain glass windows in the studio itself and another window in the studio which can be opened - also the door! Also, the studio has ceiling to floor windows in one corner so lots of light. The only criticism is that I think given we paid $140 a night and in this day and age, they should update the TV to a small flat screen - there is a tiny portable TV. I would also suggest that staying a max of three nights is probably enough given the space contraints and that none of the cottages are serviced (which I found great! lots of privacy). The decor was nice and suited the place. We would stay again but I think we would book the small cottage which at $170 pn is better value considering all the extra space you get. This is accomodation suited to those that just want to be left alone to get on with the business of relaxing!

My boyfriend and I stayed in the studio unit for 2 nights in late June. Though the stay is short, but we both fell in love with the place.

Some of the comments I read earlier suggested the studio is small with tacky decor, which I believe it's a bit overstated. The place is just right for 2 adults. The furnitures may not be new but clean and well maintained. Kitchenwares are well-equipped (hmm on a second thought... we did borrow a casserole from the lady in the office when trying to make cheese macroni, but literally we're short of nothing). The environment is very quiet and peaceful, tho' there are houses nearby but I haven't seen a soul for the 2 days I spent in the cottage.

One thing to be mindful is you get to see a lot of kangaroos off road, one day I saw almost 20 of them resting on the lawn! I'm not sure whether they are raised or complete wildlife, but be extremely careful when driving. Speaking of driving, it's really hard to drive off the main road in winter when weather is less stable. I came across 3 times of tree block and have to detour and re-route.