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What a great block that is 1.06 Hectares in size and is very close to the ocean. Just over an hours drive to Joondalup and well located in the outskirts of Lancelin. The block of land does require clearing if your looking to build but the potential once cleared is definitely highlighted! There is a firebreak around the outskirts of the block with neighbours living behind and either side of the block of land awaiting their new neighbours. There is underground power and water passing through the land.
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:
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