18 Shannon Street, Yanchep WA 6035
18 Shannon Street, Yanchep WA 6035
4 bed 2 bath double garage | Newer coastal estate build | Parkland outlook | Family-oriented growth suburb | Car-dependent location
The property presents as a modern detached family home, aligned with the dominant housing type in this coastal growth corridor. Its configuration—four bedrooms, two bathrooms, and a double garage on a compact 450 square metre lot—positions it well for families seeking low-maintenance living without sacrificing space. The newer construction quality, including stone benchtops, quality appliances, and ducted reverse-cycle air conditioning, suggests a move-in-ready proposition that avoids immediate renovation costs. This property would serve first-home buyers entering the market or young families prioritising schools, parks, and the nearby rail connection. The parkland outlook adds a lifestyle dimension that typically supports stronger resale interest.
The property’s value may be shaped by its position within a newer estate where comparable stock is plentiful, potentially limiting scarcity-driven premiums. Its modest land size might constrain future extension options, though this also keeps upkeep manageable. The car-dependent nature of the suburb, reflected in its low walkability, could affect appeal for buyers seeking pedestrian amenity. The completed rail infrastructure may gradually improve connectivity and support price growth over time, but this remains a forward-looking consideration rather than an immediate factor. Buyers should weigh the balance between modern convenience and the limited differentiation among similar nearby homes.
|| Comparable Sales: 11 Shannon Street similar 4x2x2 on 450m² sold in 2018; 28 Stableford Loop 3×2 on 600m² with pool valued around $1.1M | Property Price Band: $700K–$800K | Value Drivers: Modern condition, parkland aspect, land size relative to newer estate norms
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Shannon Street, Yanchep WA 6035
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Market Insight
Yanchep, 50km north of Perth’s CBD, is a coastal suburb anchored by the coast and Yanchep National Park. Demand is driven by coastal lifestyle and planned development as a satellite city under Directions 2031. Median house price is $735,000 with 13.08% annual growth, though sources range up to $778,500 and 21.3%. Houses average 17 days on market, indicating low inventory and buyer competition. Gross rental yield is 4.40% with median rent $630. Future growth rests on infrastructure upgrades and new developments. Key risks: affordability constraints for entry buyers and a nearly inactive unit market with minimal sales and rental activity.
PropCred Estimated Value
Comparable Sales: 11 Shannon Street similar 4x2x2 on 450m² sold in 2018; 28 Stableford Loop 3×2 on 600m² with pool valued around $1.1M | Property Price Band: $700K–$800K | Value Drivers: Modern condition, parkland aspect, land size relative to newer estate norms
Bedrooms
4
Bathroom
2
Parking
6
Land
417m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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