OFF MARKET

5561 Caves Road
Burnside WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 238m2
Land area: 38988m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

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.

Building Type
House
Year Built
1980
Floor Size
238m2
Land Size
38988m2
Local Government
Augusta-Margaret River
Lot/Plan
60/P032803

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

A timeline of how this property has performed in the market
Last Sold
$1,617,000
17 Nov 2022
  • 17 Nov 2022
    Sold for $1,617,000
  • 07 Oct 2022
    Listed for Sale POA

Commute Calculator

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 221 properties. Over the last 5 years, Houses in Burnside have seen a 77.73% increase in median value, while Units have seen a 90.69% increase. As at 30 November 2024:

  • The median value for Houses in Burnside is $1,665,635 while the median value for Units is $464,950.
There are currently 3 properties listed for sale, and no properties listed for rent in Burnside on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Burnside.

Suburb Insights for Burnside 6285

Market Insights
Burnside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Burnside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.