5561 Caves RoadBurnside WA 6285
Property Details for 5561 Caves Rd, Burnside
5561 Caves Rd, Burnside is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 38988m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2023)
One of three iconic adjoining rural Caves Rd properties in the heart of the "Golden Square" west of Margaret River, 5561 (Lot 60) Caves Rd Burnside is 3.9Ha (9.6 acres) and was the original dairy farm homestead site after WW1. Dairying was continued until the mid 90s, after which the properties were used for grazing. In more recent years Lot 60 brought joy to many as the home of a tourist animal farm. The animal farm has moved further north, but Lot 60 has huge business, accommodation or lifestyle potential. There are three large sheds, four accommodation units, a "shop" and a neat house. Water currently comes from neighbouring Lot 61 but a 3,000Kl water license is available and a license has recently been granted to construct a well on Lot 60. Approvals are on record for Guesthouse (1993), House Renovations (1993) and the Shire stamped animal farm layout map (2000).With Caves Road access and a solid business history, this property is beautifully located and offers both business and lifestyle potential.It is available together or separately from the two larger adjoining lots.Please contact Exclusive Agent Bob Scott for further details or inspection.
Property History for 5561 Caves Rd, Burnside, WA 6285
- 17 Nov 2022Sold for $1,617,000
- 07 Oct 2022Listed for Sale POA
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About Burnside 6285
The size of Burnside is approximately 19.5 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Burnside in 2011 was 472 people. By 2016 the population was 268 showing a population decline of 43.2% in the area during that time. The predominant age group in Burnside is 40-49 years. Households in Burnside are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Burnside work in a professional occupation. In 2011, 67.8% of the homes in Burnside were owner-occupied compared with 73.2% in 2016.
Burnside has 222 properties. Over the last 5 years, Houses in Burnside have seen a 77.64% increase in median value, while Units have seen a 90.69% increase. As at 30 September 2024:
- The median value for Houses in Burnside is $1,766,924 while the median value for Units is $464,950.
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