37/80-82 Henley Street, Como WA 6152

| Over-55s restriction limits buyer pool | Price upside capped at $427k median | Rental yield strong at $740pw but age-bound | Valuation gap suggests negotiation leverage | This unit carries a specific risk: the over-55s covenant shrinks the resale market to a narrow demographic, which historically slows capital growth and extends selling periods. The $52,000 gap between the $375,000 asking and $427,000 median value indicates the vendor has priced to accelerate a sale, offering you measurable entry leverage. The $740 per week rental yield is unusually robust for a unit at this price point, meaning the property can hold itself if held as an income-generating hold rather than a flip. The prudent judgment is to treat this as a cash-flow play for a senior occupant, not a broad-market growth position. What makes this unit competitively rare is the combination of a below-median asking price and verified rental evidence that supports strong net returns despite the age restriction. For a buyer aged over 55 seeking low-maintenance living near a golf course and aged care support, this is a functional fit that most general-market properties cannot offer. The absence of bushfire, flood, or heritage overlays reduces holding surprises, and the complex similarity with other units priced from $350,000 gives you a clear benchmark for negotiation. You should commission a building inspection and then anchor your offer to the comparable evidence, not the asking premium.