Well fenced property with pale soils within the Pinjarra System to the alluvial soils on the river flats abutting the Capel River. Included in sale is 400,000 KL of Leederville water for horticulture.
Included will be a new bore (not equipped) into the Leederville, plus an option to lease another 200,000 KL if required.
Well drained soil ideal for avocados or any horticultural pursuit.
The size of Capel River is approximately 95.1 square kilometres. It has 3 parks covering nearly 37% of total area. The population of Capel River in 2011 was 254 people. By 2016 the population was 136 showing a population decline of 46.5% in the area during that time. The predominant age group in Capel River is 50-59 years. Households in Capel River are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capel River work in a managers occupation. In 2011, 67.7% of the homes in Capel River were owner-occupied compared with 58.3% in 2016..
Capel River has 120 properties. Over the last 5 years, Houses in Capel River have seen a 129.81% increase in median value. As at 31 October 2024:
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