Lot 183 Parsons Way, South Yunderup WA 6208 – Austin Lakes Estate


  • 4
  • 2
  • 2
  • 275m²
  • H & L

South Yunderup is a peaceful and picturesque suburb located in Western Australia’s Peel region, nestled between the Murray River and the Peel-Harvey Estuary. With easy access to Mandurah and Perth, residents can enjoy the best of both worlds, including water activities, golf courses, parks, and a range of shopping and dining options. The suburb is perfect for those seeking a relaxed and laid-back lifestyle in a stunning natural setting.

✅ Mandurah Forum: This is a large shopping center located in nearby Mandurah that recently underwent a $350 million redevelopment, which was completed in 2018. The redevelopment included the addition of new stores, restaurants, and entertainment facilities, as well as upgrades to parking and public spaces. This project provides South Yunderup residents with easy access to a range of shopping and entertainment options.

✅ Kwinana Freeway widening: This is a project aimed at widening the Kwinana Freeway to reduce congestion and improve traffic flow between Perth and Mandurah. The project involves the addition of new lanes and upgrades to interchanges and is expected to be completed by 2023. Once completed, the project will benefit South Yunderup residents by improving connectivity to nearby areas and reducing travel times.

✅ Peel Health Campus: This is a major health facility located in nearby Mandurah, which provides a range of health services to the community. The facility includes a hospital, mental health services, and specialist clinics. The facility recently underwent a $152 million expansion, which was completed in 2020. This project provides South Yunderup residents with access to high-quality health services close to home.

✅ Lakelands Station: This is a new train station that is currently under construction and due to open in late 2023. The station is located in nearby Lakelands and will provide a new stop on the Mandurah line, providing residents with a more convenient and efficient way to travel to and from Perth.

→ Check out the AreaSearch report for the full economic breakdown.

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  • $403.54/m

  • 12.44%

  • 6.15%

  • 0.67%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area139.14 m²
Build price$320,248
Land price$145,000
Title StatusSeptember 2023
Contract typeSplit
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$562/m
Rental Income*$2384/m
* these figures are an estimate only, based on current average rates and current relevant figures.