SOLD
Sold on 14 Dec 2023 for $4,000,000

2622 South Western Highway
Serpentine WA 6125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 390272m2
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Property Details for 2622 South Western Hwy, Serpentine

Building Type
Land
Land Size
390272m2
Local Government
Serpentine-Jarrahdale
Lot/Plan
483/P257516

Last Listing description (September 2022)

Phone enquiries - please quote property ID 27161.

We are pleased to offer a 39.03 Hectare (~ 100 acres) property just 50 minutes from Perth for expression of interest. It is currently zoned rural but with the potential for re-zoning for residential use.

As an overview;

+ 39.03 hectares
+ 50 minutes drive to Perth
+ Good frontage to South Western Highway
+ 2 km from Serpentine townsite
+ Potential Rural Residential (RR-1) development
+ Close to new Tonkin Highway extension (to be completed 2024)
+ Large shed, donga, and well-designed cattle yard
+ Four good-sized water tanks and ample water supply
+ Current residential development to West of property
+ Currently zoned rural with the possibility for rezoning

The property is situated in the Shire of Serpentine-Jarrahdale and is 2 km from the Serpentine townsite. It has a major road frontage to South Western Highway with a gazetted road frontage on the North boundary with a semi-rural subdivision already developed to the West.

The property has an extensive reticulated water system supplied by 2 bores powered by two solar pumps that connect to three tanks for stock watering and to water the 240 mature olive trees. It has a large lockup shed measuring 12 metres by 24.5 metres with an attached donga. There is also a small brook which is central to the property

The current zoning is rural with current usage being livestock grazing. It has excellent steel cattle yards and good fencing.

Property developers or others submitting an expression of interest, please outline any terms and conditions you wish to have considered.

Please contact us should you require further details.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 2622 South Western Hwy, Serpentine, WA 6125

A timeline of how this property has performed in the market
Last Sold
$4,000,000
14 Dec 2023
  • 14 Dec 2023
    Sold for $4,000,000
  • 21 Sep 2021
    Listed for Sale Expression of Interest
  • 12 Apr 2011
    Sold for $500,000
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About Serpentine 6125

The size of Serpentine is approximately 104.8 square kilometres. It has 13 parks covering nearly 45% of total area. The population of Serpentine in 2011 was 2,024 people. By 2016 the population was 2,305 showing a population growth of 13.9% in the area during that time. The predominant age group in Serpentine is 50-59 years. Households in Serpentine are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Serpentine work in a trades occupation. In 2011, 83.9% of the homes in Serpentine were owner-occupied compared with 86.8% in 2016.

Serpentine has 1,180 properties. Over the last 5 years, Houses in Serpentine have seen a 80.75% increase in median value, while Units have seen a 27.83% increase. As at 31 October 2024:

  • The median value for Houses in Serpentine is $1,110,562 while the median value for Units is $149,765.
  • Houses have a median rent of $475.
There are currently 18 properties listed for sale, and 1 property listed for rent in Serpentine on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Serpentine.

Suburb Insights for Serpentine 6125

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.