FOR SALE
From $3,400,000

38 Elizabeth Place
Karragullen WA 6111

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Land area: 12.0537ha
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29.78 ACRES OF HORSE POTENTIAL

Big opportunity for a horse lover to develop this 29.78 acres in the Perth Hills region with two homes and unlimited fresh ground water.
Owners says sell and will offer to clear part or all the 20 acres of planted orchard area to provide a blank canvas for paddock areas and equine pursuits.
Abundant quality fresh groundwater is sourced from seven bores and pumped into a network of large storage tanks and automatic reticulation. The water is free and only cost is electricity to run pumps, providing lush, pastured paddocks to graze all year round.
Infrastructure includes two homes both currently tenanted and income producing. Original packing shed and two large cool rooms that could be easily converted to stables and large rainwater tanks.
Sealed road frontages to Canning Road and Elizabeth Place providing easy access to all major transport links. Located 28 linear kilometres from Perth CBD and 35 linear kilometres from Fremantle Port. Surrounded by native forest trails for unlimited bush riding.
Zoning is Rural - General Farming. Future subdivision potential subject to council approvals into two or three lots. Endless opportunities for equine development with current huge demand for horse agistment boosted with the existing lease returns from the two homes.
All inquiries to exclusive selling agents Nutrien Harcourts WA - phone local real estate specialist William Morris 0448 415 537.

Property Details for 38 Elizabeth Pl, Karragullen

Building Type
Rural
Land Size
12.0537ha

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About Karragullen 6111

The size of Karragullen is approximately 33.8 square kilometres. It has 6 parks covering nearly 46.9% of total area. The population of Karragullen in 2011 was 451 people. By 2016 the population was 377 showing a population decline of 16.4% in the area during that time. The predominant age group in Karragullen is 40-49 years. Households in Karragullen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karragullen work in a managers occupation. In 2011, 75.4% of the homes in Karragullen were owner-occupied compared with 77.8% in 2016.

Karragullen has 220 properties. Over the last 5 years, Houses in Karragullen have seen a 51.16% increase in median value. As at 31 October 2024:

  • The median value for Houses in Karragullen is $1,128,105 while the median value for Units is $206,980.
There are currently 5 properties listed for sale, and no properties listed for rent in Karragullen on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Karragullen.

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William Morris
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Sam Sangalli
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Nutrien Harcourts WA
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