SOLD
Sold on 14 Mar 2024 for $175,000

53 Karrack Crescent
Witchcliffe WA 6286

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 336m2
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Property Details for 53 Karrack Cres, Witchcliffe

Building Type
Land
Land Size
336m2
Local Government
Augusta-Margaret River
Lot/Plan
16/S077791

Last Listing description (June 2024)

Perfect for a first home or downsize build, this 336 sqm (with an additional 75 sqm block fronting exclusive use area) north facing block boasts uninterrupted views over the Witchcliffe Eco Village agricultural lots and existing farmland beyond. All five stages of the unique and acclaimed Witchcliffe Eco Village have now been released, and all highly sought "Groupie" blocks are sold. 53 Karrack Crescent is one of only five Groupie blocks in the village fronting exclusively nature views.

Less than 10 minutes drive from Margaret River, majestic Redgate Beach, and the premium wineries of the region, the eco village is a truly unique development. The entire village is carbon negative/neutral, with each home providing its own electricity and water, supported by the village's shared solar microgrid, state of the art Tesla batteries and sustainable sewerage system. NBN Fibre is connected to all premises. Residents enjoy a relaxed and communal village lifestyle, along with the economic savings of low to zero utility costs.

The village Master Plan includes a town square, tavern, village produce Co-op, holiday accommodation and retail, and three existing large dams providing swimming and recreation exclusively for residents. All in the heart of Witchcliffe.

Stages 1 and 2 are almost fully built out, and these homes and their exclusive use gardens showcase the vibrant community already present. Each stage has two strata clusters, self-managed by residents, with the active support of the Eco Village management. Cluster 3B has an existing strata council and community amenities are completed, with a clubhouse, covered orchard, children's playground and maturing landscaping already in place.

There are few comparable properties within the Augusta-Margaret River Shire due to the unique nature of the Witchcliffe Ecovillage - its sustainability commitment, together with strata titled lots that include shared ownership of nearly 40ha of Ecovillage Commons, community gardens, village centre and a range of other communal amenities. The additional value inherent in an Ecovillage lot, for the most part, doesn't exist in traditional land subdivisions.

The Ecovillage community is also supported by an active development team that provides a library of research, information and communication tools for the benefit of residents and on-call or in-person support for new owners via the WEV sales office.

* Groupie blocks have a building limit of 100sqm and a 3 person resident limit. Building timeframe exists, with build needing to commence within 12 months of settlement, and completed within another 12 months (two years total).

Property History for 53 Karrack Cres, Witchcliffe, WA 6286

A timeline of how this property has performed in the market
Last Sold
$175,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $175,000
  • 31 Aug 2023
    Listed for Sale Best Offer Over $180,000
  • 29 Nov 2021
    Sold for $125,000

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About Witchcliffe 6286

The size of Witchcliffe is approximately 54.7 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Witchcliffe in 2011 was 339 people. By 2016 the population was 267 showing a population decline of 21.2% in the area during that time. The predominant age group in Witchcliffe is 60-69 years. Households in Witchcliffe are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Witchcliffe work in a labourer occupation. In 2011, 64.4% of the homes in Witchcliffe were owner-occupied compared with 70.5% in 2016.

Witchcliffe has 873 properties. Over the last 5 years, Houses in Witchcliffe have seen a 178.60% increase in median value, while Units have seen a 50.23% increase. As at 31 July 2024:

  • The median value for Houses in Witchcliffe is $894,334 while the median value for Units is $1,148,475.
There are currently 25 properties listed for sale, and no properties listed for rent in Witchcliffe on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Witchcliffe.

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Contact agent
Mark Murray
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Ray White Stocker Preston | Margaret River
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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.