78 Toovey Road, South Yunderup WA 6208

New build | 4-bedroom river lifestyle | 480sqm lot | 161sqm living | emerging suburb The property positions well for buyers seeking a modern, turnkey home in a riverside setting without the premium of established waterfront suburbs. Its four bedrooms and two bathrooms on a single level offer practical family living, while the 161 square metres of internal space is efficient rather than generous—suited to downsizers or young families prioritising location over square footage. The 480-square-metre lot, though modest, is consistent with newer subdivisions and supports low-maintenance outdoor living. The property’s strength lies in being a fresh, unoccupied build in a suburb where comparable stock is limited, giving a buyer immediate occupancy and modern finishes without renovation risk. The main risk is the suburb’s ongoing development phase, which means amenity and infrastructure may still be maturing, potentially affecting short-term capital growth compared to established areas. The asking price above the prior land valuation reflects construction costs and market sentiment, leaving less margin for error if local demand softens. An opportunity exists in negotiating on the basis of comparable recent sales in South Yunderup, as the property has been listed for some time without price adjustment. For a buyer who values immediate occupation and a lock-and-leave riverside lifestyle, this property offers a cleaner entry than renovating an older home in the same corridor.