16 Mckay Drive, Serpentine WA 6125

Rural residential acreage | 4-bed modern home | pool & bore | bushfire overlay | strong capital growth history This property presents a competitively strong offering in the rural residential market, combining a modern 2000-built home with substantial 1.82-hectare grounds. The inclusion of a swimming pool, solar PV, and a high-supply bore for reticulation creates a complete lifestyle package, serving buyers seeking space and self-sufficiency without compromising on contemporary comforts. Its configuration is rare for the area, offering more bedrooms and bathrooms than the immediate comparable property, positioning it well for family occupancy. Key decision points involve the bushfire overlay, which imposes ongoing compliance costs and insurance complexities, and the low-accuracy rental estimate which suggests investment viability is uncertain. The significant appreciation since 2010 indicates a robust market, but the wide valuation range underscores volatility. This property is best acquired for long-term owner-occupation, where its features can be fully utilised and the land bank held as a primary hedge. A single comparable sale on the same street provides a limited benchmark: – 30 McKay Drive: 4 beds, 1 bath, 1.3ha, ~$1.84m estimated value. This suggests a premium for the subject property’s additional bathroom and larger landholding is justified, though the listed price appears strategically positioned below this comparable, indicating potential negotiation leverage for a buyer.