10/7981 Caves Road, Forest Grove, WA 6286 sold on 02 July 2025 | OnTheHouse
SOLD
Sold on 02 Jul 2025 for $1,400,000

10/7981 Caves Road
Forest Grove WA 6286

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 14556m2
Sold By
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Barr & Standley
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Property Details for 10/7981 Caves Rd, Forest Grove

10/7981 Caves Rd, Forest Grove is a 3 bedroom, 1 bathroom House. The property has a land size of 14556m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Forest Grove in the last 12 months.

Building Type
House
Land Size
14556m2
Local Government
Augusta-Margaret River
Lot/Plan
10/S031137

Last Listing description (February 2026)

This one-of-a-kind property offers fantastic opportunities for a variety of businesses while also serving as a residential haven. With its immense potential, it's the perfect location to bring your entrepreneurial vision to life!Spanning 1.46 hectares, this remarkable property includes an approved building envelope for a residential home, along with a fully operational restaurant and the Boranup Art Gallery. Located just 20 minutes south of Margaret River, it borders the stunning Boranup National Park, a popular tourist destination.The property features a well-established restaurant, which comes with a liquor license, and is currently leased to the Boranup Forest Cafe. This provides a consistent stream of passive income for its owner.Recently approved plans for a two-story rammed earth residence behind the gallery, including a BAL rating, offer exciting potential for a new home. You also have the opportunity to refurbish the former residence within the gallery space while the new one is under construction.With all necessary planning approvals in place - including options for a function center - this property has a proven track record of successful trade, supported by both locals and visitors. It has become an iconic destination in the Margaret River region.You can choose to continue the current business operations or explore endless possibilities to make it your own, whether that's running it as a studio, hosting events, or something entirely new. The options are boundless!Property Highlights:- Lot 10 in a group of 10 rural Strata Titles- Approximately 14,600 sqm of land- Ample power supply

Property History for 10/7981 Caves Rd, Forest Grove, WA 6286

A timeline of how this property has performed in the market
Last Sold
$1,400,000
02 Jul 2025
  • 19 Feb 2026
    Listed for Sale Offer's Over 1,450,000
  • 02 Jul 2025
    Sold for $1,400,000
  • 19 Dec 2024
    Listed for Sale OFFERS OVER $1.45M!
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About Forest Grove 6286

The size of Forest Grove is approximately 127.9 square kilometres. There are 7 parks, covering nearly 33.9% of the total area. The population of Forest Grove in 2016 was 257 people. By 2021 the population was 253 showing a population decline of 1.6% in the area during that time. The predominant age group in Forest Grove is 60-69 years. Households in Forest Grove are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forest Grove work in a managers occupation.In 2021, 53.70% of the homes in Forest Grove were owner-occupied compared with 58.00% in 2016.

Forest Grove has 189 properties. Over the last 5 years, Houses in Forest Grove have seen a 103.40% increase in median value, while Units have seen a 29.41% increase. As at 30 April 2026:

  • The median value for Houses in Forest Grove is $1,311,589 while the median value for Units is $526,597.
There are currently 1 property listed for sale, and no properties listed for rent in Forest grove on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Forest grove.

Suburb Insights for Forest Grove 6286

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.