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WA › Butler › Panama Rd

15 Panama Rd, Butler WA 6036

House

3

Bedrooms

2

Bathrooms

2

Car spaces

384 m²

Land

159 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Butler (last 5 years) with land size: median $1,676/m² of land (n=123). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Butler (last 5 years) with land size have a median of $1,676/m² of land (n=123). Districts calculation from recorded sales — not a valuation.

Butler at a glance

14,704

People

$880,000

Median sale

$674/wk

Median rent

3.98%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Butler report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown20 Feb 2026
  2. Listedprice unknowncompleted19 Jan 2026
  3. Listedprice unknowncompleted19 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 384 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $674/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 384 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Butler in one glance

Butler at a glance

14,704

People

$880,000

Median sale

$674/wk

Median rent

3.98%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Butler report →

Keep researching

  • Why Butler? Read the area thesis →
  • What else is on the market in Butler →
  • Other records on Panama Rd →

Listing material

Listed by Monarca Property Group

The family home that just feels right from the moment you walk in

Some homes are easy to like. This one is easy to love.

From the very first step inside 15 Panama Road, you'll notice what photos can't fully capture - a home with a genuinely generous feel, smart zoning, and the kind of everyday practicality that makes family life smoother. With two separate living areas, oversized rooms throughout, and an entertainer's outdoor setup that will have you planning your first BBQ before you've even left the inspection. This is Butler buying at its best.

At the front of the home, a separate lounge has been expertly styled as a true home theatre, complete with a projector that will remain with the property. Movie nights, kids' weekends, footy finals - it's all ready to go, and it's a brilliant second living space for growing families.

Read the full description

The centrepiece is the large open-plan living and dining area, light-filled and finished in modern neutral tones with easy-care tiled flooring - the perfect "family hub" where everyone naturally gathers. At the heart is a kitchen that stands out in this category: bigger than expected, and thoughtfully designed with a wrap-around benchtop that gives you the preparation space most 3x2s simply don't offer. Add the gas cooktop, rangehood, under-bench oven, great storage and a practical breakfast bar, and you've got a kitchen built for real life - not just for show. Comfort is covered too, with reverse-cycle air conditioning throughout.

When it comes to accommodation, this home continues to impress. All bedrooms are generously sized, the laundry is notably spacious, and the second bathroom includes a bath - a must-have for little ones. The master suite is a true highlight with an ensuite you'll actually appreciate day-to-day: sizable for a 3x2, finished with twin shower heads for that extra touch of luxury.

Then there's the lifestyle piece - and it's a big one. Slide open the doors and step out to a covered alfresco that extends to a large paved entertaining area, creating an ideal indoor/outdoor flow for birthdays, family dinners and long summer weekends. It's low-maintenance, functional, and made for hosting without the upkeep.

And for young families, the cherry on top: there's a park with children's play equipment at the end of the street, so playtime, scooter rides and after-school energy burns are all sorted.

Why you'll love it:

• Two living areas including a home theatre with projector included

• Spacious open-plan living + dining with modern neutral finishes and tiled floors

• Standout kitchen with wrap-around bench space, breakfast bar, gas cooktop, rangehood & under-bench oven

• Reverse-cycle air conditioning throughout

• Big bedrooms + extra spacious laundry

• Master ensuite with twin shower heads

• Second bathroom with a bath

• Covered alfresco flowing to a large paved entertaining area

• Rear-lane access to garage + storeroom

• Park/playground at the end of the street - ideal for a young family

• East Butler Primary School ~0.2km

• Butler College ~1.0km

• St Francis of Assisi Catholic Primary School ~1.1km

• Parks, shops and transport are close by, with Butler Central and Butler Train Station around 2-3km

This is the kind of home that makes sense the moment you see it - generous, welcoming, and ready for your family to move straight in and enjoy.

Be quick, this one won't last long.

Listing description written by Venus Miller, Monarca Property Group — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.