Have you ever dreamed of living by the sea? Without the trappings of other Australian seaside cities and towns, namely the bustling traffic and far too many people? Then, the northern suburb of Yanchep may be the perfect place for you. House hunters looking for houses for sale in Yanchep will be blown away by the opportunity to live on the ocean’s doorstep, surrounded by smaller locales providing fantastic options for work and play.
Would you like to have a National Park right on your doorstep? Yanchep National Park’s location is critical to the appeal of Yanchep to newcomers, particularly active families with children or professionals who don’t mind living outside of the city of Perth.
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About Yanchep, Western Australia
Yanchep was the former home of the Indigenous Australian Noongar people, who favoured the area for its hunting prowess and named the bulrush grasses that grow in the wetlands “yandjip,” from which its modern name was appropriated.
In the 1970s, Alan Bond purchased some 8,100 acres of land in Yanchep to turn it into a bustling metropolitan city by the sea. Unfortunately for Alan Bond, his dreams died when financial difficulties began to arise, and his company was bought out by Tokyu Corporation, who took over the project of making Yanchep the centre of northern Perth. Today, Yanchep is home to a range of developments that bring the excitement of coastal living to life for many locals.
Yanchep has many outdoor attractions, like Yanchep National Park, Yanchep Lagoon, the Crystal Caves, and more! Making it perfect for an active, outdoorsy family who might work in the city of Perth or a more populous nearby suburb. Or, young professionals like teachers at one of Yanchep’s four schools.
- Population: Yanchep’s current population is 11,813, according to current estimates.
- Median House Price: Current data puts Yanchep’s median house price for a 2-3 bedroom home at $490,000. An increase of 6.5% over last year.
- Median Rent: The median rental price in Yanchep is $500/week, with over 33 houses available in the last month and 323 houses leased in the last year.
- Demographics: When broken up by gender, Yanchep’s demographics were 49.0% male and 51.0% female.
Because Yanchep is located so far from Perth, interested real estate investors and property enthusiasts should expect large parcels of land to accompany their houses and prepare to pay for house and land packages in Yanchep. Because much of Yanchep’s land still sits undeveloped, it is a perfect opportunity for those looking for cheaper houses for sale in Yanchep while maintaining a close enough distance to the Perth CBD for all metropolitan city amenities!
Yanchep Property & Land Market
One of Yanchep’s greatest allures is its expansion capability. From the Yanchep Shopping Centre expansion to some of the newest neighbourhoods within the City of Wanneroo LGA, Yanchep (if all goes according to plan) could become the new place to live north of Perth rather than the temporary tourist hotspot of the past. For this reason, buying land in Yanchep is a shrewd move for real estate investors and others interested in house and land packages in Yanchep.
Small and Large Land Packages at Reasonable Prices
Something to note about the available land for sale in Yanchep is that much of it is small, sometimes not more than 320 square metres, for around $215,000. However, land prices in Yanchep are very reasonable. For example, an 824 square-metre block will cost only $400,000. At this price, real estate investors shouldn’t pass up opportunities to buy and build in preparation for the expansion of Yanchep and forthcoming population increases.
The Best Investment Opportunity in a Decade
According to investment opportunity metrics, Yanchep is one of the best investment communities in the country. As Perth-based real estate investors look north and many young professionals are seeking cheaper land for sale in Yanchep, it’s no wonder that Yanchep and its bordering National Parks are being scouted. With land less than 600 metres from the ocean, bordered by lagoons and National Parks, Yanchep may be your best investment opportunity in decades.
Compound the idyllic location of your future land or home with the Compound Annual Growth Rate of 4.58% in 2022 and a doubling of population between 2011 and 2016, Yanchep is becoming a very popular place for house hunters starting their own families.
Why You Should Invest in Land in Yanchep
Yanchep is the ideal investment opportunity for young professionals who don’t mind living outside the city or real estate investors looking to catch the wind in Yanchep’s recent development sails. Not only that, but Yanchep’s existing property values have increased with a CGA of 6.5% over last year, and they’re predicted to continue rising.
This makes recent coastal living developments even more attractive for those who are okay with a longer-term project. Or those looking to buy houses for sale in Yanchep and rent them out. Aside from the real estate potential in Yanchep, there’s something to be said for living right on the ocean’s doorstep. Warm, crystal-clear waters of the Indian Ocean are as inviting as can be for the adrenaline-junkie surfers or jetskiers.
Another reason to invest in property in Yanchep is that it is only 45 minutes from Perth down the Mitchell Fairway/State Route 2. It is ideal for the busy entrepreneur commuting to the city, the family doing weekend day trips to Perth, or the retirees with family in the city.
How PEET Can Help You in Yanchep, Western Australia
As one of Australia’s leading real estate developers, PEET is committed to providing excellence in all avenues of its work and creating long-term living solutions for families, senior citizens, young professionals, and everyone in between. We pride ourselves on knowing what’s hot on the market, what’s cooking still, and what could be a potential future investment.
- Residential Options for Reasonable Prices: PEET’s Yanchep development features dozens of beautiful residential options for homeowners-to-be. Whether you’re investing big amounts of money in a large 3 or 4-bedroom family home, or are just starting out with your first buy and aren’t looking to go big, Yanchep (and PEET) have the right home for you.
- Escaping the City? We’ve Got You Covered!: We know what it’s like to want to move out of somewhere. Our coastal living developments in Yanchep are located in fantastic neighbourhoods with nature as their backdrop. Minutes away from Yanchep National Park in many directions, nature lovers escaping the city need only look toward Yanchep as their next home destination with PEET.
- Investment Opportunities Abound for Real Estate Investors: For those looking for a ‘fire and forget’ solution for their real estate investor portfolio should seriously consider Yanchep. While development cannot encroach on Yanchep National Park, our developments in the surrounding areas will provide fantastic opportunities to invest in family home rentals or single-individual/couple rentals in apartment complexes for reasonable monthly rates.
Living away from Perth CBD on the coast means reconnecting with nature and seeing the concrete jungle only in the distance, while a real jungle is your backyard. Yanchep provides such an opportunity for those looking to buy homes for sale in Yanchep, whether as a starter home or a portfolio piece for the ambitious investor. PEET has a vision for Yanchep that is harmonious with its natural beauty and oceanside location. Discover all that Yanchep has to offer with PEET.
