16 Klondike Approach Butler WA 6036
16 Klondike Approach Butler WA 6036
| 240mยฒ block | 3-bedroom edge in tight suburb | 85% owner-occupied street | built 2008 | school catchment within 1km |
This property offers a rare configuration advantage in Butler: a full three-bedroom, two-bathroom house on a compact 240mยฒ block, built in 2008, in a street where 85% of neighbours are owners. For a buyer seeking a low-maintenance, modern house with immediate school catchment access to both East Butler Primary and Butler College, this removes the compromise typical of smaller two-bedroom offerings nearby. The 143mยฒ internal area with ensuite and air conditioning positions it as a genuine family starter, not a compromise unit.
The principal risk is the small land component, which limits future subdivision or significant capital uplift from land value alone. The 240mยฒ block constrains extension potential and may deter buyers seeking a yard. However, the 2021 purchase history and current rental estimate of $650โ$680 per week provide a clear floor for holding costs. For an owner-occupier, this property should be held as a long-term family home, leveraging the school catchment and street stability. For an investor, the yield is acceptable but not exceptional; the property is best used as a buy-and-hold in a suburb with steady demand from young families.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Butler is a young, family-oriented suburb with strong demand driven by trades-based households. This demographic is fueling a robust market, evidenced by rapid sales and significant capital growth, particularly for units. The suburb’s recent performance indicates a tightly held environment with high buyer competition. Future growth is underpinned by sustained demand from its established resident base, though limited current listings suggest potential supply constraints could influence affordability dynamics.