23 Conigrave Road, Yangebup WA 6164

23 Conigrave Road, Yangebup WA 6164
| 666mยฒ block | 240mยฒ single-level | 1991 build | no overlay risk | family zone | This property offers a rare combination of generous land-to-building ratio and regulatory simplicity. At 36% site coverage on a 666mยฒ block, the house provides spacious single-level living without the constraint of bushfire, flood, or heritage overlays, which reduces both holding risk and future development friction. The 240mยฒ footprint with two bathrooms and an ensuite positions it well for families seeking room to grow without vertical living. Located in the Yangebup Primary and Lakeland Senior High catchment, it serves buyers prioritising school access and suburban stability. The primary risk is the 1991 build age, which may introduce deferred maintenance costs not reflected in the current estimate range. The open carport rather than a garage reduces weather protection for vehicles and could be a minor negotiating point. However, the absence of overlay restrictions and the 666mยฒ land size create a clear opportunity for future subdivision or extension, subject to council approval. For a buyer, this property should be held as a long-term family home with optionality to develop the land once local zoning permits.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 23 Conigrave Road, Yangebup WA 6164
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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

666mยฒ

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