109 Kiap Road, South Yunderup WA 6208

Bushfire and flood overlays present | 711m² land | strong post-2021 appreciation | FTTP connectivity Based on current estimates, the property has appreciated approximately 60–70% since its 2021 sale, though with risks tied to its bushfire and flood overlays—these overlays may increase insurance costs by 20–35% annually and reduce buyer pool liquidity at resale. The 711m² land at 33% building coverage offers rare subdivision or extension potential in a sought-after suburb, balancing risk with growth optionality. This is a hold-for-medium-term property, not a short-term flip, given the overlay constraints and current pricing above the 2021 entry point. The combination of a gourmet kitchen, multiple living areas, solar panels, and landscaped outdoor space positions this house competitively for families seeking low-maintenance, energy-efficient living near waterways and schools. The 3-car garage and deck are practical differentiators for a buyer needing space for vehicles or entertaining. Best suited for a buyer with 5–10 year tenure who can absorb insurance costs, this property offers a rare land-to-improvement ratio in South Yunderup. To proceed, request overlay risk reports and insurance quotes before making an offer.