OFF MARKET

Olive Grove
Karakin WA 6044

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 27053m2
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Property Details for Lot 208 Olive Gr, Karakin

Building Type
Land
Land Size
27053m2
Local Government
Gingin
Lot/Plan
208/P038243

Last Listing description (May 2022)

A grand entry from the top of the cul-d-sac to this abundance of land which neighbours reserved land. Peaceful location with many varieties of native trees attracting a range of birds. Fabulous community with schools available from pre to primary in Lancelin, senior education via school bus services. Approximately 10 minutes drive to the coastal towns of Lancelin and Ledge Point. Power and scheme water to the roadside, weekly rubbish collection, fortnightly recycling collection. Underground power, approximately 10 minutes drive to Lancelin or Ledge Point for the ocean fix.

Property History for Lot 208 Olive Gr, Karakin, WA 6044

A timeline of how this property has performed in the market
Last Sold
$147,000
15 Mar 2022
  • 15 Mar 2022
    Sold for $147,000
  • 08 Dec 2021
    Listed for Sale $155,000
  • 01 Sep 2003
    Sold for $77,000

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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 86.78% increase in median value, while Units have seen a 425.08% increase. As at 30 September 2024:

  • The median value for Houses in Karakin is $660,323 while the median value for Units is $371,211.
There are currently 3 properties listed for sale, and no properties listed for rent in Karakin on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Karakin.

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