OFF MARKET

46 The Ridge
Karakin WA 6044

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Floor area: 5388m2
Land area: 12056m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 46 The Ridge, Karakin

46 The Ridge, Karakin is a 5 bedroom, 4 bathroom House with 4 parking spaces and was built in 2000. The property has a land size of 12056m2 and floor size of 5388m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2000
Floor Size
5388m2
Land Size
12056m2
Local Government
Gingin
Lot/Plan
234/D092845

Last Listing description (December 2022)

Then view this unique property in peaceful Karakin situated midway between Lancelin and Ledge Point.

This 1,619 hectare (4 acre) property has 500 olive trees which produce award winning olives and oil.
The care of the trees and the production process is easier than you might think.

Full support and instruction will be given when you purchase, along with all of the well established oil sale outlets for your product.
The trees are fully reticulated and there is a licensed bore and four water tanks on the property.
All machinery and equipment required to care for the trees and the production of oil is included in the sale.

Additional to your olives is the house, purposely built as a bed and breakfast and currently a very successful Airbnb.
The ground floor houses 3 queen sized bedrooms, one of which has an en-suite bathroom.
Also on the ground floor, a family bathroom, 3 w/c's, a large family/activity room, guests kitchen and a laundry.
In addition on the ground floor is the tasting and oil processing room which has its own external access.

The upper floor is open plan with 2 queen sized bedrooms, 2 bathrooms each with w/c's, a massive lounge/family area, a kitchen and a study nook.
There is a large deck off the upper floor where you can relax, look over your property and enjoy the views of the sea.

The property is fully fenced with 2 gates.
There are 3 sheds, the largest has its own kitchen and bathroom/laundry facilities.

You can view your future life style at 46 The Ridge, Karakin.

The Phone Code for this property is: 69254. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 46 The Ridge, Karakin, WA 6044

A timeline of how this property has performed in the market
Last Sold
$790,000
12 Jun 2022
  • 12 Jun 2022
    Sold for $790,000
  • 15 Nov 2015
    Listed for Sale $815,000
  • 31 Oct 1999
    Sold for $66,000

Commute Calculator

About Karakin 6044

The size of Karakin is approximately 141.1 square kilometres. It has 3 parks covering nearly 4.5% of total area. The population of Karakin in 2011 was 388 people. By 2016 the population was 232 showing a population decline of 40.2% in the area during that time. The predominant age group in Karakin is 60-69 years. Households in Karakin are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Karakin work in a trades occupation. In 2011, 86.8% of the homes in Karakin were owner-occupied compared with 94.2% in 2016.

Karakin has 354 properties. Over the last 5 years, Houses in Karakin have seen a 71.95% increase in median value, while Units have seen a 416.75% increase. As at 31 August 2024:

  • The median value for Houses in Karakin is $635,131 while the median value for Units is $369,933.
There are currently 4 properties listed for sale, and no properties listed for rent in Karakin on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Karakin.

Suburb Insights for Karakin 6044

Market Insights
Karakin 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Karakin 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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.