94 Cunningham Drive, Oakford WA 6121

4ha equestrian facility | 16m outdoor kitchen | 19.5kW solar & 3-phase | 30min to Perth | premium semi-rural positioning This property presents a rare, turnkey equestrian lifestyle proposition within a commutable distance to Perth. Its fully developed infrastructure—seven paddocks, riding arena, and substantial shedding—creates immediate utility for horse enthusiasts, a niche with limited high-quality supply. The 240m² family home, recent renovations, and expansive outdoor entertainment zone cater directly to families seeking a dual-purpose lifestyle property where operational functionality and comfort are already resolved. The primary decision hinges on reconciling its premium ask against inherent rural risks. Bushfire and flood overlays impose ongoing compliance costs and potential insurance complexities. The significant price appreciation since 2023 demands validation against recent acreage sales; without stronger comparable evidence, the premium may reflect vendor aspiration over market reality. Acquire only if the specialised equestrian capital justifies the outlay, as the configuration is overly specific for broad resale. Hold long-term to amortise the setup costs. Recent sales context is limited, but the property’s last sale in January 2023 was $1.18 million. Its current offer price above $2.55 million suggests a steep appreciation curve that requires scrutiny against other recent premium acreage transactions in Oakford to assess sustainability.