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Serpentine

POSTAL CODE: WA, 6125
HOUSE

Based on its average 5-year and quarterly capital gains SERPENTINE, 6125 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SERPENTINE, 6125 obtained a 7.14% growth over a ten-year period. It ranks 1828th on our list of suburbs that property investors should look into.

SERPENTINE, 6125 in WA belongs to the local government area of Serpentine-Jarrahdale.

SERPENTINE, 6125 has a capital gain of 27.28% for the past year, which is higher than average compared to its 92.4% growth within a five-year period.

With the median home price in SERPENTINE sitting at $1,241,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SERPENTINE are low, as opposed to average gains per annum over the past five years.

Surburb overview

Serpentine is a semi-rural locality situated approximately 56.6 kilometres south-southeast of Perth's central business district. Located within the Shire of Serpentine-Jarrahdale, the suburb covers an area of about 104.8 square kilometres. Established in the late 19th century, Serpentine has evolved from a railway town to a community that balances rural charm with accessibility to urban amenities.

According to the 2021 Census, Serpentine had a population of 1,485 residents. The median age was 39, with a balanced distribution across age groups. The community is predominantly Australian-born, with a significant proportion of residents engaged in agricultural and related occupations.

Public transportation in Serpentine includes the Transwa Australind train service, which operates twice daily between Perth and Bunbury, stopping at Richardson Street in Serpentine. The journey to Perth takes approximately 1 hour and 14 minutes.  Additionally, local bus services connect Serpentine to nearby towns, facilitating access to broader transit networks.

Essential services and amenities are accessible within Serpentine and neighbouring towns. Serpentine Primary School, established in 1954, serves the local community and underwent a $1.1 million upgrade in 2021 to enhance its facilities.  Healthcare services include the Serpentine Medical Centre and a Child and Adolescent Health Service, which operate from St John's Ambulance Hall three times a week.

Recreational activities in Serpentine are centred around its natural attractions. Serpentine National Park, featuring the 15-metre Serpentine Falls, offers swimming, picnicking, and bushwalking opportunities.  The park is also home to diverse flora and fauna, making it a popular destination for nature enthusiasts. Other local attractions include the Bodhinyana Buddhist Monastery and the Serpentine Dam, which provides scenic views and walking trails.

Serpentine maintains its semi-rural character while offering residents community amenities and access to natural landscapes. The community's demographic composition and available services reflect its evolving nature within the Perth metropolitan area.

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