29 Santa Cruz Parkway, Secret Harbour WA 6173

29 Santa Cruz Parkway, Secret Harbour WA 6173
4 bed family house | 600m² block | 1995 build | school catchment | ~4% gross yield This is a solid, mainstream family house in an established Secret Harbour pocket. The 600m² block with a 186m² floor plan gives you genuine room to move, and the four bedrooms, two living areas, and study cover the practical needs of most households. Being built in 1995, it sits in the earlier development phase of the suburb, which means the street is settled and the gardens are likely mature. For a family wanting proximity to Secret Harbour Primary School and Comet Bay College, this location is hard to beat. The house serves best as a long-term owner-occupied family home, though the rental estimate of $715 per week also makes it viable for an investor seeking steady suburban demand. The main factors that might shape its value are the age of the build and the absence of premium upgrades. A 1995 house without confirmed modern finishes could require some investment in flooring, kitchen, or bathroom updates to match newer stock in the area. The 31% building coverage leaves room for future additions or a pool, but that depends on council approval and your budget. The lack of verified aspect data means you should check how the living areas face the sun during an inspection. The property’s value may also be influenced by how it presents compared to more recently renovated homes nearby, so condition and street appeal will matter when forming a price view. || Comparable Sales: 17 Lowlands Crescent sold around $899K; 60 Greeson Parkway sold July 2025 | Property Price Band: $900K–$1M | Value Drivers: block size, school catchment, condition and presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 29 Santa Cruz Parkway, Secret Harbour WA 6173
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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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

Comparable Sales: 17 Lowlands Crescent sold around $899K; 60 Greeson Parkway sold July 2025 | Property Price Band: $900K–$1M | Value Drivers: block size, school catchment, condition and presentation

Bedrooms

4

Bathroom

2

Parking

2

Land

600m²

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