Butler suburb profile
Butler is a rapidly growing suburb located in the northern corridor of Perth, approximately 41km from the CBD. Known for its family-friendly atmosphere, Butler offers a mix of modern housing developments and essential amenities. The suburb is well-served by public transport, including a train station that connects residents to the city. Butler boasts several parks, schools, and shopping centers, catering to the needs of its diverse community. Its proximity to the stunning beaches of the Indian Ocean adds to its appeal, making it a desirable location for families and individuals seeking a balanced lifestyle.
Butler property market performance
Butler's property market has experienced significant growth over the past 12 months, with house values soaring by 30.4% and unit values increasing by 20.7%. The median house price has reached $670,000, while units have averaged $364,000, indicating strong demand across both property types.
Sales activity has been robust, with 78 houses and 4 units sold in the past three months. Houses are selling rapidly, with a median of just 6 days on the market, compared to 10 days for units, highlighting a brisk pace in the housing sector.
The rental market in Butler has also seen notable changes, with house rents rising by 12.7% and unit rents increasing by 17.8% over the last 12 months. The average rent for houses is now $620, while units command $530, reflecting strong rental demand in the area.
Median price - houses$693KPast 3 months
Median price - units$364KPast 3 months
Change in value - houses33.3%12 months
Change in value - units14.0%12 months
Houses sold78Past 3 months
Units sold3Past 3 months
Median DOM - houses7Past 12 months
Median DOM - units10Past 12 months
Average rent - houses$620Past 12 months
Average rent - units$530Past 12 months
Change in rent - houses12.7%Past 12 months
Change in rent - units17.8%Past 12 months
Butler demographics
Butler, located in the northern suburbs of Perth, is a rapidly growing area known for its family-friendly environment and modern amenities. With a population of 13,473 and a median age of 32, Butler attracts young families and professionals seeking a suburban lifestyle with easy access to the city. The suburb's proximity to the coast and various parks makes it an appealing choice for those who enjoy outdoor activities and a relaxed lifestyle.
Housing in Butler is predominantly owner-occupied, with 52.1% of properties owned with a mortgage, reflecting the suburb's appeal to first-time homebuyers and young families. The rental market, comprising 35.2% of properties, offers flexibility for those not yet ready to buy. The community is largely made up of couple families with children, accounting for 47.9% of households, highlighting its family-oriented nature. Additionally, 23.8% of households are one-parent families, indicating a diverse family structure within the suburb.
The median total household income of $1,710 per week suggests a comfortable standard of living, with residents benefiting from the suburb's modern infrastructure and amenities. Butler's development over recent years has seen an increase in local services, schools, and shopping centers, making it a convenient and attractive place to live for families and individuals alike. Its blend of affordability, community spirit, and access to natural beauty makes Butler a desirable location for those looking to settle in Perth's northern corridor.
Butler infrastructure, key developments and investment opportunities
Butler is experiencing significant development that may impact its property market. The $40 million Butler North Shopping Centre expansion, set to open in late 2024, will introduce new retail options and potentially boost local property values. Additionally, the planned extension of the Mitchell Freeway to Romeo Road in nearby Alkimos will improve connectivity for Butler residents.
The suburb continues to see new residential developments, with several estates under construction adding housing supply. Butler's proximity to beaches, parks, and established schools like Butler College maintains its appeal for families. These ongoing projects, combined with Butler's coastal location, are likely to sustain demand for properties in this growing northern Perth suburb.
Butler rental market trends
The rental market in Butler is experiencing significant growth, with house rents increasing by 12.7% over the past year to $620 per week, while unit rents have surged 17.8% to $530 per week. This upward trend reflects strong demand and makes Butler an attractive option for both renters and investors seeking promising returns in a developing suburb.
Suburbs near Butler
Some popular suburbs near Butler include: