SOLD
Sold on 16 Oct 2024 for $1,950,000

8005 Bussell Highway
Cowaramup WA 6284

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 468357m2
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Property Details for 8005 Bussell Hwy, Cowaramup

Building Type
Rural
Land Size
468357m2
Local Government
Augusta-Margaret River
Lot/Plan
200/P409949

Last Listing description (December 2024)

This is an expansive agricultural property set on 46.84 hectares (115.22 acres), zoned for Priority Agriculture, making it an ideal opportunity for those looking to invest in farming, run a business or livestock operations. This land offers a combination of prime agricultural infrastructure and rural living. Located on a prime corner with frontage to Bussell Highway and Boundary Road, the property is divided into seven paddocks, each equipped with stock troughs, and features a central laneway for easy access. Electric fencing throughout ensures the safety and management of livestock. The property supports 35 to 45 breeders and produces between 800 and 1,000 rolls of silage annually, making it highly productive. The house is constructed from hardiplank on steel stumps with a zinc roof, and was moved to the property in 2016/17. It includes three bedrooms and one fully renovated bathroom, making it a comfortable living space. The master bedroom has built-in robes, window treatments, and vinyl flooring, while the two minor bedrooms are also fitted with window treatments and vinyl flooring. The living space is cozy, featuring a separate living room with a slow combustion wood heater. The dining room is located near the recently renovated kitchen, which includes laminate benchtops, an upright electric oven, a new dishwasher, a rangehood, a fridge recess, a sink, and a built-in pantry. The home also features an electric storage hot water system and a 23,000-litre rainwater tank for domestic use, with the property on a septic system. Verandahs extend around the south, north, and west sides of the house, providing outdoor spaces to enjoy the tranquil surroundings. In terms of farm infrastructure, the property boasts a large 300sqm machinery shed, built in 2019. This shed includes three large bays, with power, the 4th bay has a hardstand and new fluorescent lighting, making it ideal for storing equipment and vehicles. There is also a hay shed measuring approximately 7m x 15m, and a double carport located off the side of the house. The property's cattle yards, accessible from Bussell Highway, are well-maintained and provide a functional area for managing livestock. Water supply is ample, with two windmills and two bores, each approximately 38 meters deep, providing around 1,200 gallons per hour. Additionally, there are several rainwater tanks on the property, including a 23,000-litre tank serving the house, a 27,000-litre tank located behind the machinery shed, and another 1,000-gallon tank situated on the hardstand. The rainwater tank off the hay shed has a capacity of 23,000 litres, ensuring that water needs are well-covered. The property's clay and loam soils are ideal for agricultural activities, supporting both livestock and crop production. This exceptional rural property offers a unique blend of agricultural potential and a peaceful country lifestyle. With its modern facilities, ample water supply, and productive land, 8005 Bussell Highway is perfectly suited for farming ventures or as a rural retreat for those seeking a serene environment. The property is registered for GST, adding to its appeal for agricultural investors looking for a profitable and versatile farm. * Please Note this is a working farm, offered GST free either as Going Concern or Sale of Farmland.

Property History for 8005 Bussell Hwy, Cowaramup, WA 6284

A timeline of how this property has performed in the market
Last Sold
$1,950,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $1,950,000
  • 12 Oct 2024
    Listed for Sale UNDER OFFER

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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 1,732 properties. Over the last 5 years, Houses in Cowaramup have seen a 78.63% increase in median value, while Units have seen a 32.80% increase. As at 30 November 2024:

  • The median value for Houses in Cowaramup is $903,221 while the median value for Units is $518,694.
  • Houses have a median rent of $750.
There are currently 23 properties listed for sale, and 1 property listed for rent in Cowaramup on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Cowaramup.

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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.