SOLD
Sold on 16 Feb 2024 for $212,000

54 The Ridge
Karakin WA 6044

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10058m2
Sold By
Property Now Mooloolaba
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Property Details for 54 The Ridge, Karakin

Building Type
Land
Land Size
10058m2
Local Government
Gingin
Lot/Plan
233/D092846

Last Listing description (April 2024)

Discover the charm of coastal living with this exceptional land opportunity in Karakin, just minutes away from the renowned town of Lancelin, Western Australia.

Nestled in a quiet cul-de-sac surrounded by quality homes, this 2.5-acre property offers an excellent opportunity for investors, first-home buyers, or those seeking a tranquil coastal lifestyle. The block is situated in a highly sought-after location and boasts ocean views and endless potential.

Enjoy the best of coastal living with easy access to fishing, swimming, and leisurely strolls along the beach. This property provides incredible value to those yearning for a peaceful, serene coastal paradise.

Only minutes away from the famous coastal town of Lancelin and the picturesque locales of Ledge Point and Wedge Island. An easy one-hour drive will seamlessly transport you to Joondalup, Perth.

Infrastructure Ready:

- Water and Power accessible
- Cul-de-sac for added privacy
- High set to capture breathtaking views
- Surrounding bitumen road for easy accessibility
- Zoned for Rural Living, offering a perfect blend of tranquility and convenience

Don't miss out on this rare opportunity to build your dream home in a location that seamlessly combines coastal beauty with convenience. Whether you're an investor, a first-time homebuyer, or someone looking for a serene escape, this property has it all.

Property History for 54 The Ridge, Karakin, WA 6044

A timeline of how this property has performed in the market
Last Sold
$212,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $212,000
  • 24 Nov 2023
    Listed for Sale $215,000
  • 10 Jun 2022
    Sold for $155,000
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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 355 properties. Over the last 5 years, Houses in Karakin have seen a 89.15% increase in median value, while Units have seen a 417.27% increase. As at 31 October 2024:

  • The median value for Houses in Karakin is $697,805 while the median value for Units is $302,665.
There are currently 3 properties listed for sale, and no properties listed for rent in Karakin on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Karakin.

Suburb Insights for Karakin 6044

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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.