29 Pegus Meander, South Yunderup WA 6208

29 Pegus Meander, South Yunderup WA 6208
29 Pegus Meander is a 4-bedroom, 2-bathroom house with 2 parking spaces on a 360m² lot in South Yunderup. Built in 2014, it sits within the Austin Lakes community and was last sold in 2023. This property is competitively positioned as a modern family residence in a thriving community, where its 360m² lot offers a slight size advantage over typical stock in the street. The 4-bedroom, 2-bathroom configuration is a standard and desirable family layout, making it a strong fit for buyers seeking a contemporary home in an established neighbourhood. Its location within the Austin Lakes area suggests a well-planned environment with community appeal, and the property’s recent sale history indicates it has been transacted within the last few years, which may provide some market context for interested parties. The value of this property may be influenced by the significant discrepancy between its 2023 sale price and the current estimated value, which could reflect either a rapid market appreciation or a different transaction type. The gross rental yield of approximately 4.4% is a factor to consider for investors, though it sits within a typical range for the area. The lack of confirmed construction year and the absence of internal amenity details may affect how a buyer compares this house to others, so a physical inspection is recommended to assess the condition and finishes that could justify the price point.
Detailed Independent Property Report prepared  by PropCred Analyst team for 29 Pegus Meander, South Yunderup WA 6208
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

360m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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