OFF MARKET

454 Tangletoe Road
Muckenburra WA 6503

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4m2
Land area: 668968m2
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Property Details for 454 Tangletoe Rd, Muckenburra

Building Type
Rural
Floor Size
4m2
Land Size
668968m2
Local Government
Gingin
Lot/Plan
3456/P205127

Last Listing description (October 2010)

'HYBRID OLIVE AND CAPSICUM FARMn20,000 OLIVE TREES, 6 ACRES of CAPSICUM, 310 KILOLITRES WATER LICENCE, KARA AUSTRALIS BRANDED OLIVE OIL PRODUCTION, 50% SHARE HOLDER IN MOORE RIVER BOTTLING & 4 BEDROOM HOME MAKES THIS FARM A BARGAIN AND PRICED TO SELL.
Hybrid Olive Producers (HOP) is situated in Gingin, an hour north of Perth in the Moore River Region.
The 165acre farm is planted as an Olive Grove comprising of 91acres of land planted with 20,000 olive trees and 6 acres of Capsicum of which 3.25 acres is under shade cloth,.

The trees are approximately 6 years old and all the trees are under an intense irrigation and fertigation program to ensure maximum growth and production is achieved. The Olives are processed at Green Gold Farm in a modern Amenduni Processing Line. HOP is a 50% shareholder in a bottling and marketing Company Moore River Bottling run at Green Gold Farm with the oil being sold under the label Kara Australis and is presently on sale in 100 super markets around Perth.
The capsicums were grown as a trial in 2009 with 10,000 plants which has been expanded to 65,000 plants in 2009 / 2010. This crop is presently in full production and will be marketed at Canningvale Markets until June / July 2010.
The Purchase of Hybrid Olive Producer farm is seen as an opportunity to take the present structure to full production and expand the operations of the farm, increasing the potential profitability of the operation and increase the Capital value of the Farm and Operations.

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Property History for 454 Tangletoe Rd, Muckenburra, WA 6503

A timeline of how this property has performed in the market
Last Sold
$1,200,000
21 Mar 2011
  • 03 Nov 2022
    Listed for Sale Offers Presented
  • 21 Mar 2011
    Sold for $1,200,000
  • 11 May 2010
    Listed for Sale $1,690,000
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About Muckenburra 6503

The size of Muckenburra is approximately 74.6 square kilometres. It has 2 parks. The population of Muckenburra in 2011 was 503 people. By 2016 the population was 153 showing a population decline of 69.6% in the area during that time. The predominant age group in Muckenburra is 20-29 years. Households in Muckenburra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Muckenburra work in a labourer occupation. In 2011, 80.2% of the homes in Muckenburra were owner-occupied compared with 89.6% in 2016..

Muckenburra has 123 properties. Over the last 5 years, Houses in Muckenburra have seen a 74.70% increase in median value, while Units have seen a -57.54% decrease. As at 31 October 2024:

  • The median value for Houses in Muckenburra is $828,962 while the median value for Units is $330,030.
There are currently 1 property listed for sale, and no properties listed for rent in Muckenburra on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Muckenburra.

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