SOLD
Sold on 26 Oct 2024 for $720,000

8 Loriini Lane
Cowaramup WA 6284

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 96m2
Land area: 240m2
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Property Details for 8 Loriini Lane, Cowaramup

8 Loriini Lane, Cowaramup is a 3 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 240m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Cowaramup in the last 12 months.

Building Type
House
Year Built
2021
Floor Size
96m2
Land Size
240m2
Local Government
Augusta-Margaret River
Lot/Plan
4/S077418

Last Listing description (December 2024)

This unique property in the heart of Cowaramup village offers incredible versatility and potential, perfect for a variety of uses. Whether you're seeking a permanent residence, short stay Airbnb, a business opportunity, or an investment property, this three-bedroom, two-bathroom home presents a rare opportunity within this thriving community. The thoughtfully designed home features an open-plan layout with high raked ceilings that give a sense of space and light. The quality fittings and fixtures throughout the home, combined with large north facing glass sliding doors that open to a cute outdoor courtyard, create a seamless flow between indoor and outdoor living. The courtyard itself is a peaceful retreat, featuring small garden beds, brick paving, a garden shed for added storage, and even an outdoor shower, perfect for cooling off during the warmer months. If you're a creative professional, consultant, or therapist, the property offers an added bonus: a functional office, gallery, or studio space. This area is ideal for running a small business from home, providing both privacy and accessibility. In addition, the light-filled two-bedroom apartment offers comfortable living quarters with the option to reside on-site while operating your business. For those seeking an investment, the property's layout and location make it ideal for long-term rental or the possibility of short-stay holiday accommodation (subject to approval). The flexibility of the space allows it to be rented as a whole or split into two separate studios, catering to different market needs. The property also comes with four onsite car bays, providing ample parking for residents, guests, or clients. The home is fully insulated with two reverse cycle air con units and a 160 litre Thermann electric storage HWS. With its prime location, endless versatility, and thoughtfully designed spaces, this Cowaramup property is a rare gem, offering limitless potential for a savvy buyer. Whether you're looking to make it your home, run a business, or add to your investment portfolio, this property has the flexibility to suit your needs.

Property History for 8 Loriini Lane, Cowaramup, WA 6284

A timeline of how this property has performed in the market
Last Sold
$720,000
26 Oct 2024
  • 26 Oct 2024
    Sold for $720,000
  • 14 Oct 2024
    Listed for Sale OFFERS ABOVE $729,000
  • 19 Sep 2019
    Sold for $140,000

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About Cowaramup 6284

The size of Cowaramup is approximately 95.8 square kilometres. It has 4 parks. The population of Cowaramup in 2011 was 1,132 people. By 2016 the population was 1,886 showing a population growth of 66.6% in the area during that time. The predominant age group in Cowaramup is 0-9 years. Households in Cowaramup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cowaramup work in a managers occupation. In 2011, 68.5% of the homes in Cowaramup were owner-occupied compared with 74.4% in 2016.

Cowaramup has 1,731 properties. Over the last 5 years, Houses in Cowaramup have seen a 81.51% increase in median value, while Units have seen a 217.15% increase. As at 31 December 2024:

  • The median value for Houses in Cowaramup is $930,376 while the median value for Units is $830,209.
  • Houses have a median rent of $750.
There are currently 22 properties listed for sale, and 1 property listed for rent in Cowaramup on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Cowaramup.

Suburb Insights for Cowaramup 6284

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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.