20 Pesaro Green, Secret Harbour WA 6173
20 Pesaro Green, Secret Harbour WA 6173
Spacious 5-bed, 3-bath family home on 700m² with strong demand, 45% rental yield potential, and steady growth from coastal appeal.
Modern two-storey layout with multiple living zones suits growing families or downsizers seeking space without isolation. An open-plan kitchen flows to the alfresco and large backyard, ideal for entertaining or kids play. A four-car garage plus workshop suits hobbyists or boat owners in this beach-proximity zone.
Located in a master-planned waterfront enclave, it attracts established professionals and families priced out of central Perth, with a local income profile supporting premium positioning. The property offers a parental retreat upstairs and a ground-floor guest suite, positioning it above entry-level homes while remaining accessible for upsizers. Demand remains robust, with houses averaging under 15 days on market amid low vacancy. Perks include walkable beaches, a golf course, and a shopping centre, with Comet Bay Primary and High nearby for school catchments; drawbacks include a 50km commute to Perth CBD and exposure to coastal weather. Demographics skew family-oriented, with a high proportion of mortgaged owners and a stable tenant pool. Rental yields hover around 4.24.8% for similar homes at $670$725 weekly, viable for investors seeking cash flow. Growth drivers include ongoing development and Perths tight supply, while affordability pressures pose some risk. Opportunities exist for value-add renovations or subdivision potential on the block; risks include softer sentiment if affordability worsens.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Pesaro Green, Secret Harbour WA 6173
Checks found:
Value Risk
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2
Liquidity Risk
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2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Market Insight
Secret Harbour is a well-established coastal suburb positioned between major regional centres, offering strong transport links and local amenities. Demand is driven by working families, particularly trades professionals, seeking a coastal lifestyle within commuting distance of Perth. The housing market exhibits exceptionally strong recent growth, with rapid sales and tight supply underscoring its current momentum. Future prospects are supported by sustained buyer interest, though affordability constraints and limited available stock present key considerations for prospective buyers.
PropCred Estimated Value
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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