75 La Spezia Drive, Secret Harbour WA 6173

75 La Spezia Drive, Secret Harbour WA 6173
5 beds, 2 living | study, balcony | 673sqm, 28% coverage | competitive pricing under $1m | 10-day sell time suburb This property offers a rare configuration advantage in Secret Harbour, combining five bedrooms with two separate living areas and a study—a layout that suits multi-generational or work-from-home households. The 28% building coverage on a 673sqm lot leaves meaningful outdoor space relative to the floorplan, and the current list price sits below both median and high-end estimates, creating a potential entry point in a market where five-bedroom homes sell in ten days. The 80% owner-occupier street profile and established catchment schools reinforce long-term demand stability. No bushfire, flood, or heritage overlays have been detected, and the 8m ground elevation with 4m roof height suggests the property is not in a low-lying area. The primary risk is that the 2022 sale at $480k reflects a different market, and the current estimate range of $860k to $1.14m is wide—buyers should verify condition and any deferred maintenance given the 1995 build. The opportunity lies in negotiating from the lower end of that range, especially if the property has been on the market only five days and private viewings are required, which may reduce competitive pressure.
Detailed Independent Property Report prepared  by PropCred Analyst team for 75 La Spezia Drive, Secret Harbour WA 6173
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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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.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

673m²

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