16 Lombadina Parade, Secret Harbour WA 6173

16 Lombadina Parade, Secret Harbour WA 6173
4-2-2 family floorplan | 213m² living area | 629m² block | Strong owner-occupier suburb | Comet Bay school catchments The property is regarded as a solid family offering within a highly owner-occupied coastal suburb. Its four-bedroom, two-bathroom configuration is suited to growing households, and the 213m² floor area is considered practical living space without excessive upkeep. The 629m² block, while not oversized, is sufficient for a garden, outdoor entertaining, and children’s play, and it is positioned in a street where larger parcels dominate, making it a more accessible entry point to that pocket. Strong local demand is indicated by rapid selling times and a high proportion of families in the area. The property is best suited to owner-occupier families seeking established school catchments and a balanced indoor-outdoor layout. Value may be influenced by the modest block size relative to the street’s larger holdings, which might cap upside until demand for conventional family lots firms. The condition and quality of finishes may prove the key differentiator against newer stock, while the potential for future capital growth should be weighed against the immediate livability offered by the existing layout. >> Comparable Sales: 43 Lombadina Parade sold for $920,000 | Property Price Band: $900K to $1M | Value Drivers: land size, family layout, presentation quality
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Lombadina Parade, Secret Harbour WA 6173
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Secret Harbour sits 50km from Perth between Rockingham and Mandurah, with bus service to Warnbro Station. Demand centres on mortgage-holding trade workers; 76% of owners have a mortgage and 11% are single. House prices grew 14.8% annually to a median $861,000, selling in 10–13 days on 255 annual sales. Gross yield is 4.17% and rents average $680 weekly. Future growth is supported by post-1990s development and proximity to Golden Bay Shopping Centre. Key risks: tight supply (8–14 rentals, 9–11 listings), high median prices for the area, and rate sensitivity among leveraged buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

629m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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