OFF MARKET

263 Refractory Road
Bakers Hill WA 6562

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 208m2
Land area: 647497m2
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Property Details for 263 Refractory Rd, Bakers Hill

Building Type
Rural
Year Built
1960
Floor Size
208m2
Land Size
647497m2
Local Government
Northam
Lot/Plan
20337/P087461

Last Listing description (September 2024)

Set in the Avon Valley on fertile undulating and tree filled park land cleared easy working soil and pasture types. This farm is currently operating as a horse agistment centre. Set up extremely well, specifically for retired horses, the property has been successfully operating for several years.Featuring two houses, two sheds, and numerous horse training and equine educational facilities. This is an ideal lifestyle or rural business pursuit with great blue-sky potential. for possible future redevelopment. A stunning bush and breakaway area ensures the property harmoniously blends with nature and farming culture seamlessly and is watered by 12 scheme water points throughout the property and one winter dam. ***PLEASE NOTE: This property is currently under a commercial lease for the entire property until 31/03/2026. The property is sold with the lease in place returning approximately $55,000 PA. The tenant is happy to possibly remain or extend their current lease.Such an ideal property for off grid living and was previously used as a commercial premises producing stock feed, offering entrepreneurial owners with several options. This is a brilliant long term investment and land bank so close to Perth and Northam, ticking so many boxes. Call Now!

Property History for 263 Refractory Rd, Bakers Hill, WA 6562

A timeline of how this property has performed in the market
Last Sold
$700,000
26 Aug 2022
Listed for Rent
$850/w
21 May 2019
  • 02 Sep 2024
    Listed for Sale $1,200,000
  • 26 Aug 2022
    Sold for $700,000
  • 07 Jan 2022
    Listed for Sale Offers from $950,000
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About Bakers Hill 6562

The size of Bakers Hill is approximately 84 square kilometres. It has 2 parks covering nearly 8.6% of total area. The population of Bakers Hill in 2011 was 1,146 people. By 2016 the population was 1,096 showing a population decline of 4.4% in the area during that time. The predominant age group in Bakers Hill is 60-69 years. Households in Bakers Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bakers Hill work in a trades occupation. In 2011, 84.9% of the homes in Bakers Hill were owner-occupied compared with 84.1% in 2016.

Bakers Hill has 783 properties. Over the last 5 years, Houses in Bakers Hill have seen a 83.53% increase in median value, while Units have seen a 601.39% increase. As at 31 July 2024:

  • The median value for Houses in Bakers Hill is $572,709 while the median value for Units is $477,250.
  • Houses have a median rent of $320.
There are currently 5 properties listed for sale, and no properties listed for rent in Bakers hill on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Bakers hill.

Suburb Insights for Bakers Hill 6562

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.