5566 Caves RoadGracetown WA 6284
Property Details for 5566 Caves Rd, Gracetown
Last Listing description (May 2017)
A most prestigious & desirable property set discreetly off the well known Caves Road tourist route half way down the Cape-to-Cape Coast, in the heart of the Margaret River Region. The most notable beaches and surf breaks on the West Coast of Western Australia are only 7km away with easy access to the towns of Cowaramup and Margaret River.
Exceptional improvements including a solar passive architect designed home, small vineyard and two fresh water lakes surrounded by healthy Australian native forest and home to an array of native animals and birdlife. These lakes are areas of water created by two large gully dams that have been designed and created to give the whole property a wonderful aesthetic appeal. The winter brook meanders down through the property which along with the fresh water lakes and the waterfall, creates a home for numerous water birds and other native animals.
Absolute, ultimate privacy and seclusion in Nature's wonderland with pristine vistas that would be hard to replace.
AMENDMENT - CLOSING OF EXPRESSIONS OF INTEREST - Please be advised that due to much interest in this property, the owners have decided to close the Expressions of Interest period on Thursday 2nd March @ 4-00pm. The owners have instructed us to receive Expressions of Interest in writing by this date and time.
Property History for 5566 Caves Rd, Gracetown, WA 6284
- 03 Mar 2017Sold for $3,150,000
- 06 Feb 2017Listed for Sale AMENDED E.O.I. CLOSING 4PM 2ND MARCH 2017
- 19 May 1998Sold for $625,000
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About Gracetown 6284
The size of Gracetown is approximately 32.6 square kilometres. It has 2 parks covering nearly 91.1% of total area. The population of Gracetown in 2011 was 472 people. By 2016 the population was 221 showing a population decline of 53.2% in the area during that time. The predominant age group in Gracetown is 40-49 years. Households in Gracetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracetown work in a professional occupation. In 2011, 67.8% of the homes in Gracetown were owner-occupied compared with 65.5% in 2016.
Gracetown has 268 properties. Over the last 5 years, Houses in Gracetown have seen a 80.40% increase in median value, while Units have seen a -6.47% decrease. As at 31 October 2024:
- The median value for Houses in Gracetown is $1,002,850 while the median value for Units is $497,034.
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