Property Details for 4 Bussell Hwy, Karridale
Last Listing description (September 2016)
Situated on approximately two acres of land, and strategically located on a prominent crossroads, the Karridale Tavern and Roadhouse is a prime commercial investment in the highly sought after Margaret River region.
The property has substantial improvements including bars, dining, alfresco dining, bottle shop, roadhouse/convenience store and vehicle refilling station. There is also a separate onsite manager's residence.
Potential for strong capital appreciation as a result of significant planned population growth for the Karridale townsite. The Shire of Augusta Margaret River have approved the Karridale Hamlet Strategy and recently rezoned nearby parcels of land for residential development to facilitate the significant expansion of the existing townsite population.
Full information memorandum available on request.
For further details or to arrange inspection, please contact John Stott on 0418 105 895 or email john@augustarealestate.com.au
Property History for 4 Bussell Hwy, Karridale, WA 6288
- 13 Jul 2015Listed for Sale $2,250,000 psav
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About Karridale 6288
The size of Karridale is approximately 99.3 square kilometres. There are 4 parks, covering nearly 1.2% of the total area. The population of Karridale in 2016 was 277 people. By 2021 the population was 317 showing a population growth of 14.4% in the area during that time. The predominant age group in Karridale is 50-59 years. Households in Karridale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Karridale work in a managers occupation.In 2021, 75.50% of the homes in Karridale were owner-occupied compared with 63.80% in 2016.
Karridale has 471 properties. Over the last 5 years, Houses in Karridale have seen a 78.01% increase in median value, while Units have seen a 116.87% increase. As at 31 July 2026:
- The median value for Houses in Karridale is $1,021,127 while the median value for Units is $892,664.
Suburb Insights for Karridale 6288
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