Western Australia is currently experiencing remarkable growth in the property market. Throughout the first few months of 2021, buyer demand has risen, with many families relocating to Perth from the eastern states to seek out job opportunities in the mining industry. As a result, families are spreading up the coast and land in communities such as Yanchep is becoming extremely valuable.
High Demand for Yanchep Homes
Located within a 50-minute drive north of Perth CBD, Yanchep sits right on the coast, boasting an impressive lagoon, great surf breaks, and encompassing the beautiful walking tracks of the Gnangara-Moore River State Forest.
Its proximity to suburban hubs such as the Joondalup shopping precinct and its growing community infrastructure of new schools, parks and a surf club make Yanchep extremely popular amongst those looking to buy coastal properties.
Even with the idyllic location and booming market, the Yanchep property prices have remained very reasonable. With blocks just 600m from the beach starting from just $190,000, Capricorn Beach provides the ultimate coastal lifestyle.
Yanchep Train Station & Improved Transport Options
The new Yanchep Train Station will undoubtedly be a game-changer for the area. The extension of the Joondalup Railway Line, which currently runs from Perth to Butler, is set to be completed in 2022. The new station will drastically cut down commute time into the city for Yanchep residents to just under 40 minutes. Therefore, homeowners in Yanchep will have access to the best that the WA coast has to offer, whilst staying connected to city life.
The Western Australian government is keenly aware of the increased interest in the northern coastal suburbs, with Yanchep representing one of the most beautiful strips of coast in the area. Therefore, transport options are not only improving in terms of the train line. Additions and amendments to the bus network will be implemented along with the new station, with 30 new bus stands set to be installed. Also, the Mitchell Freeway Extension Project is extending the major thoroughfare a further 5.6km north towards Yanchep.
Learn more about the development of the train line and other transport options in Yanchep here.
Perfect For Families
The Yanchep and Two Rocks area is quickly becoming an ideal place for young families looking to build their dream coastal home.
The Yanchep community is consistently growing, with various schools within the catchment such as Yanchep Secondary College, Atlantis Beach Baptist College, Two Rocks Primary and Cuddles Childcare opening recently in Two Rocks.
Families can experience the beach adventures of teaching the kids to surf and fish, along with swimming in the calm waters of the Yanchep Lagoon, or watching the sun go down with the family. Learn more about the Yanchep lifestyle here.
Unique Investment Opportunity
With the improved transport options and the community’s continuing development, the demand for properties in Yanchep will only grow.
Therefore, to purchase a Yanchep property while land prices are extremely affordable could provide exceptionally favourable capital gains down the track.
The Yanchep area consequently presents a very unique investment opportunity to capitalise on the long-term development of the community that is set to become the “CBD of the North.”
Capricorn Beach is Yanchep’s only beachside estate, with the best value House and Land Packages available in the area.
If you are interested in learning more about property investment opportunities in Yanchep or want to build your dream coastal home for your family, please do not hesitate to contact the Capricorn Beach team.