48 Jerrail Street, Yanchep WA 6035
48 Jerrail Street, Yanchep WA 6035
4×2 with rare four-car parking | 512 m² above estate norm | strong family demand | Yanchep growth corridor | 4-bed core product
The four-car accommodation is the property’s strongest competitive edge. Most detached houses in Yanchep are offered with two parking spaces, so this layout is able to serve a family with a boat, caravan, or workshop equipment without sacrificing the main garage. The 512 m² block is also considered generous by current estate standards. That combination of living space, parking capacity, and land area is placed in a practical, enduring market segment. It is best suited to a family or upgrader seeking a modern four-bedroom home with room for vehicles and outdoor use, and is aligned with the suburb’s most active buyer profile.
The property’s value may be influenced most by condition and presentation. A higher price might be supported by modern kitchen and bathrooms, while dated finishes may shift focus to land value. Urgency could be tempered by new-house supply; comparison with smaller new homes may be avoided by its larger block and four-car layout.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Jerrail Street, Yanchep WA 6035
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
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: recent 4×2 sales in Yanchep on similar blocks have settled in the high $700s; a 450 m² 4×2 also sold privately | Property Price Band: $760K to $860K | Value Drivers: land size, four-car layout, presentation
Bedrooms
4
Bathroom
2
Parking
4
Land
512m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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