22 Butter Gum Close, Serpentine WA 6125
22 Butter Gum Close, Serpentine WA 6125
5 bed on 1ha | semi-rural Serpentine | lifestyle acreage | 277m² floorplan | smaller block in rural belt
This property offers a rare combination of a substantial 277m² floorplan on a full hectare, which positions it well for buyers wanting genuine space both inside and out without the maintenance burden of a larger rural holding. In Serpentine’s semi-rural corridor, where many listings sit on 2 hectares or more, this 1ha parcel is more manageable while still delivering the lifestyle separation from suburban density. The five-bedroom configuration suits growing families or those needing dedicated home-office or guest space, and the two-car accommodation is practical rather than extravagant. It serves best the buyer transitioning from suburban living into acreage who wants room for children, animals, or hobbies, but who does not need to run agricultural operations. The property’s appeal is its balance — enough land to feel rural, enough house to feel comfortable.
The value picture may be shaped by how the house’s age and finish quality compare with newer builds in the area, as well as whether the land has useful improvements like sheds, water storage, or fencing that support lifestyle use. The 1ha size might limit appeal to serious equine or agricultural buyers who typically seek larger parcels, which could narrow the buyer pool. Zoning and any future subdivision potential may influence price, though this is speculative without confirmed details. The asking range across listings suggests some variability in how the property is positioned, so buyers should weigh condition and infrastructure against what similar lifestyle holdings have achieved. The absence of confirmed school catchment data means families should verify local schooling directly. The property’s final value will likely hinge on presentation and how well the house’s internal layout matches buyer expectations for a home of this size.
|| Comparable Sales: 480 Hall Road Serpentine 5 bed on 2.06ha sold around $1.65M | 2622 South Western Highway 39ha EOI | Property Price Band: $1.2M–$1.3M | Value Drivers: land size relative to rural norm, house condition and finish, lifestyle infrastructure like sheds or water
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Butter Gum Close, Serpentine WA 6125
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Serpentine is a tightly held semi-rural locality where the circa 2016 population of 2,317 expanded 23.6% from 2011, pointing to sustained inward movement. Demand is led by established, higher-income households—concentrated in the 40–59 age bracket and working in trades—drawn to large detached stock on substantial blocks. The market is deep in vendor-favoured territory: the median house price sits at $1,241,000, with annual capital growth of 27.28% and 51 house sales in the past 12 months. Four-bedroom homes, the dominant product, transact at a $1.3M median across 31 sales, while achievable rent of $890 per week confirms strong owner-occupier preference over investment use. With no unit supply and a constrained sales pipeline, scarcity is a structural support. Future appreciation, however, will depend on continued demographic inflow and infrastructure delivery; the sharp recent growth lifts affordability risk and raises sensitivity to interest-rate changes, while reliance on a narrow buyer segment deepens vulnerability if trade incomes or access to credit soften.
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PropCred Estimated Value
Comparable Sales: 480 Hall Road Serpentine 5 bed on 2.06ha sold around $1.65M | 2622 South Western Highway 39ha EOI | Property Price Band: $1.2M–$1.3M | Value Drivers: land size relative to rural norm, house condition and finish, lifestyle infrastructure like sheds or water
Bedrooms
5
Bathroom
2
Parking
2
Land
1 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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