2/44 Alston Avenue, Como WA 6152

mid 700s list price | value gap from estimates | short leasehold likely | rental yield narrow | 1979 build maintenance pending The gap between the asking range and the independent estimates signals material risk for a buyer paying closer to the upper end. If the property trades above $800,000, you are absorbing a premium that recent rental data—around $670 to $735 per week—does not support on yield alone. The 1979 construction implies upcoming capital for roof or strata common property works, which will compress net returns. For a buyer planning to hold, this works best as a long-term owner-occupier play in a tight Como market, not as an investment yielding immediate cash flow. What competes for this property is the quiet villa format on a small lot in a strong school catchment, which is rare inside 10 kilometres of the city. The built-in robes and air conditioning are functional rather than premium, but they remove immediate fit-out cost for a first-home buyer or downsizer. FTTP broadband adds practical value for remote work. This unit suits a buyer prioritising location and low-maintenance living over capital growth in the short term. The sales history shows a $610,000 transaction in August 2024 and $395,000 in October 2010. The jump from 2024 to the current list price reflects a compressed revaluation window, not organic market movement. A buyer should proceed only if they can negotiate closer to the recent sales benchmark rather than the upper estimate range.