23 Pembury Way Butler WA 6036
23 Pembury Way Butler WA 6036
4 beds | 630mยฒ lot | pool & solar | Butler College zone | rental upside
The property offers a rare combination of a generous 630mยฒ lot with a 2002-built house that includes a pool, solar panels, and a four-car configuration, positioning it well above the suburbโs median house price of $850,000. Its location within the Butler College intake area and proximity to Irene McCormack Catholic College gives it a clear advantage for family buyers, who are the dominant demographic in this 65% owner-occupied suburb. The 48% building coverage leaves meaningful outdoor space, and the recent 2024 sale at $810,000 suggests current pricing reflects significant market movement, not just vendor ambition. This house suits a buyer seeking a long-term family home with immediate rental cover of $710โ$915 per week, or a value-add hold given the land-to-building ratio.
The key risk is the $959,000+ listing sitting above the estimated $1,087,000 value, implying a narrow margin for capital growth in a suburb with 107 sales this year and no auction clearance data. The 7-day market time suggests initial interest may be soft, and the bedroom count discrepancy (one source reports three) could deter precise buyers. However, the absence of bushfire, flood, or heritage overlays reduces holding cost surprises, and the Opticomm fibre and 5G coverage support modern work-from-home utility. The commercial logic is to negotiate toward the $950,000โ$1,000,000 range, hold for five years to capture Butlerโs population growth, and use the pool and solar to differentiate in a rental market where 35% of residents rent.
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.