75 Seccombe Street Perth TAS 7300

75 Seccombe Street Perth TAS 7300
Large 1969 house | 3 bed, 1 bath | Flat 3565sqm block | Dual street frontage | Development potential This property’s primary strength is its land configuration. A flat, substantial block with dual street access in an established location is a rare and competitively strong offering. It serves a buyer seeking a large family residence with future optionality or, more pointedly, a developer or investor positioned for a strategic land play. The existing house provides immediate utility while the zoning potential dictates its ultimate value. The decision hinges on capitalising on the development scope, as holding it solely as a standard house wastes its core advantage. The specific risk is the cost and uncertainty of council approvals for subdivision or additional dwellings, which requires upfront feasibility analysis. The commercial logic is clear: secure the land now for future intensification. Treat this as a land acquisition with a temporary house; proceed only with a conditional offer pending a positive planning report. Our analysis provides the real market valuation and checks for locality risks and development viability to structure your bid.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Perth’s market is defined by a severe and persistent supply shortage, with listings critically low against strong demand. This imbalance is driven by robust population growth, significant income gains, and targeted first-home buyer support, creating intense competition. The resulting conditions have delivered sustained and substantial capital growth, particularly for units, while rental yields remain compelling amid near-zero vacancy rates. Future performance hinges on the ongoing supply deficit, with affordability pressures and construction costs acting as key constraints on new stock.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

13

Land

3565mΒ²

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