17A Salina Way, Yangebup WA 6164
17A Salina Way, Yangebup WA 6164
Villa duplex | 3 bed 2 bath | 450m² low-maintenance block | Elevated location | Fibre NBN
This property presents a competitively strong offering for a downsizer or first-home buyer seeking a low-maintenance, modern residence on a larger-than-typical block for its type. Its 450m² land parcel in a villa configuration is a rarity that provides garden space without the upkeep burden of a standard house, positioning it uniquely between apartment convenience and detached living. The light-filled, single-level layout and recent build year minimise immediate capital demands, serving a buyer prioritising ease and modern finishes.
The principal risk is its current listing price, which sits significantly above both its estimated market value and recent comparable sales, demanding immediate negotiation to align price with demonstrable street-level value. Its commercial logic rests on securing it within the estimated value range to achieve a near 5% gross rental yield, appealing directly to an investor or owner-occupier who can leverage the strong rental demand. Acquire only at or below the high-range valuation to ensure capital stability.
Recent sales on Salina Way show 4E Salina Way sold for $600,000 in February 2025, and another property achieved approximately $630,000. These comparables, both 3-bedroom configurations, establish a clear benchmark that makes this property’s $849,000 asking price appear materially disconnected from the street’s recent transaction history, underscoring the necessity for aggressive price negotiation.
Detailed Independent Property Report prepared by PropCred Analyst team for 17A Salina Way, Yangebup WA 6164
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Yangebup is a family-oriented suburb with strong demand driven by young, working-age households seeking established homes. Recent price growth has been robust across both houses and units, reflecting a tight sales market with properties transacting quickly. This momentum is supported by exceptionally low vacancy rates and solid rental yields, indicating sustained investor and occupier interest. Future growth is underpinned by these supply constraints, though affordability pressures may emerge as prices rise relative to local incomes.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
225m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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