SOLD
Sold on 18 Apr 2024 for $159,000

The Ridge
Karakin WA 6044

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10666m2
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Property Details for L240 The Ridge, Karakin

Building Type
Land
Land Size
10666m2
Local Government
Gingin
Lot/Plan
240/D092842

Last Listing description (March 2019)

Available To View
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.

Property History for L240 The Ridge, Karakin, WA 6044

A timeline of how this property has performed in the market
Last Sold
$159,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $159,000
  • 20 Oct 2018
    Listed for Sale From $159,000
  • 01 Aug 2000
    Sold for $47,000

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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.