46 Lapwing Loop, Djugun WA 6725
46 Lapwing Loop, Djugun WA 6725
New build | 748m² block | 4 bed plus office | corporate lease to 2028 | above-median rent
This is a genuinely rare combination in Djugun. A 2025-built house on a 748m² lot with four bedrooms, a dedicated office, and a separate activity room gives you flexibility most newer stock simply doesn’t offer. The corporate tenancy at $1,650 per week until February 2028 is the strongest signal here — it means the property is already proven in the rental market, and the income stream is locked in for a meaningful period. For an investor or a buyer who wants the option of holding it as a high-yield rental before moving in themselves, that certainty is hard to argue with. The house sits in Roebuck Estate, which is the main newer residential pocket in Djugun, and the size of the block gives you space that typical estate lots in Broome often lack. This property suits a buyer who values modern finishes, functional space for work-from-home or family life, and a lease-backed income that reduces the risk of holding costs from day one.
The asking price sits above what most Djugun houses transact at, and that premium is justified by the new build, the land size, and the lease income. But there are a few things worth weighing. The finishes are described as premium, but without an itemised list you may want to verify what that actually means in practice — appliances, cooling, glazing, and landscaping all affect the day-to-day feel and future maintenance costs. The corporate tenancy is a positive, but it also means you can’t move in immediately, and the lease structure may limit your flexibility if your plans change. The lot itself is mid-to-large for the area, but there’s no clear indication of orientation, easements, or whether the block has any development potential beyond the current house. These factors may influence how the property compares to other options in the same pocket, so it’s worth confirming them before forming a final view.
|| Comparable Sales: 42 Shearwater Crescent (4 bed, 956m², est. $975K) and 34 Honeyeater Loop (729m², est. $975K) | Property Price Band: $1.1M–$1.2M | Value Drivers: new build condition, 748m² land size, corporate lease income through 2028
Detailed Independent Property Report prepared by PropCred Analyst team for 46 Lapwing Loop, Djugun WA 6725
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Driven by a highly specialized local economy, Djugun provides unique regional infrastructure tailored to corporate workforces, essential workers, and yield-focused investors. The market has recently seen intense localized demand, offering exceptionally high rental yields and robust transactional velocity driven by broader resource sector activity. It serves as a lucrative positive-cash-flow market, but buyers should watch out for elevated insurance premiums and the specialized maintenance required for the North West climate.
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PropCred Estimated Value
Comparable Sales: 42 Shearwater Crescent (4 bed, 956m², est. $975K) and 34 Honeyeater Loop (729m², est. $975K) | Property Price Band: $1.1M–$1.2M | Value Drivers: new build condition, 748m² land size, corporate lease income through 2028
Bedrooms
4
Bathroom
2
Parking
2
Land
748m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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