Once a tiny crayfishing settlement, Yanchep was developed by mining tycoon Alan Bond in the 1970s. The development of the Club Capricorn holiday village and Atlantis Marine Park (especially famous for its dolphin shows) has been the making of nostalgic memories for almost anyone living in Perth in the 1980s. In later years, the redevelopment of the sites made way for residential housing, and Yanchep is a popular choice for young families and couples seeking affordable seaside living.