McGees Property as exclusive agents are please to present to the market 12/31 Moorhen Drive, Yangebup, an astute investment opportunity with a strong performing, nationally recognised tenant, IGA Lakelands.
Total land area of approximately 8,150sqm consisting of approximately 1,063sqm of strata area. The building is a tilt-up construction with a high roller door, in excellent condition. It is located in a group of six strata units, within proximity to industrial precincts and within a suburban catchment, benefitting from a diversified and recurring customer base, drawing consistent trade from local workers as well as nearby residents. This dual exposure supports strong weekday and weekend turnover, enhances sales resilience, and underpins long-term trading stability.
The size of Yangebup is approximately 6.0 square kilometres. There are 14 parks, covering nearly 38.7% of the total area. The population of Yangebup in 2016 was 7479 people. By 2021 the population was 7631 showing a population growth of 2.0% in the area during that time. The predominant age group in Yangebup is 30-39 years. Households in Yangebup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yangebup work in a trades occupation.In 2021, 78.00% of the homes in Yangebup were owner-occupied compared with 77.50% in 2016.
Yangebup has 3,770 properties. Over the last 5 years, Houses in Yangebup have seen a 112.30% increase in median value, while Units have seen a 166.89% increase. As at 31 July 2026:
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