OFF MARKET

Greatrex Road
Lower King WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 168600m2
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Property Details for Lot 9500 Greatrex Rd, Lower King

Building Type
Land
Land Size
168600m2
Local Government
Albany

Last Listing description (August 2021)

Priced to sell!With access from Greatrex Road, Lower King Road and Norwood Road, this 16.86ha (41.7 acres approx.) site is zoned R20 and ideal for immediate development or longer-term land banking opportunities.Mostly covered in light scrub near the crest of a low hill, there is a very gentle slope and the opportunity for potential views to Oyster Harbour and King River from various positions on the site.WAPC development approval for 15 residential lots and 4 super lots has now expired but this and other alternative plans can be regenerated with much of the work and planning already done by current owners.Features:- 16.86 hectares (41.66 acres) with access from 3 roads- Surrounded by residential housing, farmland and opposite Oyster Harbour Estate- Around 1km from both King River and Oyster Harbour, boat ramp just down the road- Local shops, service station, shopping centre with major supermarket, primary school and recreation reserves nearby- Planning work for multiple development scenarios undertaken by current owners- Scheme water, sewer and power located close-by (development potential dependent on capacity)- Existing dwelling and shed in average condition with power connected- 10kms approx. from Albany CBD and major services- Rare, large landholding with residential (R20) zoningPlease contact Rob Mason for an information pack and further information or to meet onsite - 0411 615 806 or rob@masonrealty.com.au

Property History for Lot 9500 Greatrex Rd, Lower King, WA 6330

A timeline of how this property has performed in the market
  • 08 Jul 2020
    Listed for Sale Offers Above $850,000
  • 13 Nov 2019
    Listed for Sale $975,000

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About Lower King 6330

The size of Lower King is approximately 9.2 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Lower King in 2011 was 1,738 people. By 2016 the population was 1,827 showing a population growth of 5.1% in the area during that time. The predominant age group in Lower King is 10-19 years. Households in Lower King are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower King work in a professional occupation. In 2011, 79.8% of the homes in Lower King were owner-occupied compared with 82.4% in 2016.

Lower King has 953 properties. Over the last 5 years, Houses in Lower King have seen a 54.89% increase in median value, while Units have seen a 14.24% increase. As at 31 August 2024:

  • The median value for Houses in Lower King is $595,365 while the median value for Units is $718,323.
  • Houses have a median rent of $398.
There are currently 4 properties listed for sale, and no properties listed for rent in Lower king on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Lower king.

Suburb Insights for Lower King 6330

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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.