20 Cardup Lane, South Yunderup WA 6208
20 Cardup Lane, South Yunderup WA 6208
Modern 2015 build | 3-bed near reserve | 250m to shops & private college | Strong rental growth trajectory
This property presents a competitively strong, low-maintenance package in a high-convenience location. Its 2015 construction with modern finishes and a lock-and-leave layout is rare for the area, typically characterised by older stock. The direct adjacency to a reserve, proximity to a private college, and walking-distance amenities create a specific appeal for small families or investors targeting tenants seeking convenience. The internal ethernet and split-system air conditioning support modern living standards without being premium drivers.
The primary risk mechanism is the identified flood overlay, which necessitates specific due diligence for insurance costs and may affect future capital growth. The 251sqm block represents a compact land holding, limiting expansion. However, the demonstrated rental demand, with weekly rents rising from $380 to an estimated $570 since 2022, provides a clear commercial logic for a yield-focused purchase. Acquire this as a long-term rental holding; its configuration is not suited for value-add renovation or subdivision.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
South Yunderup is a tightly held canal-side suburb attracting permanent residents and holiday buyers seeking a relaxed coastal lifestyle with direct boating access. Strong demand from these groups, coupled with critically low property listings, is fuelling robust price growth and rapid sales. Future performance is underpinned by this persistent supply constraint and sustained rental demand, though the limited land availability presents a key risk to market fluidity and affordability.