3/52 Labouchere Road, South Perth WA 6151
3/52 Labouchere Road, South Perth WA 6151
3-bed townhouse near Perth Zoo | 180sqm on 113sqm land | dual outdoor spaces | strata levy only $600/yr
This property occupies a rare position in South Perth: a three-bedroom townhouse with genuine outdoor depthโfront courtyard, rear patio, and grassed areaโon a compact 113sqm land holding, while the 180sqm total floor area provides more internal space than most comparables. The main bedroom’s private balcony and built-in robes add a layer of separation often missing in townhouses of this era, and the open-plan living with deck extends usable living onto the outdoor area. For a buyer seeking a low-maintenance home within walking distance of the Perth Zoo, golf course, and South Perth Primary School, this townhouse offers a configuration that competes well against newer units lacking private green space. The $600 annual strata levy is unusually low, which improves holding cost predictability and reduces monthly outlay relative to similar strata-titled properties.
The primary risk is the single bathroomโa functional limitation for families or future resale in a market where two bathrooms are increasingly expected. The 1976 build means potential for ageing infrastructure, though no bushfire, flood, or heritage overlays reduce compliance surprises. The wide valuation spread ($1.1Mโ$1.78M) signals market uncertainty; a buyer should anchor expectations to the South Perth median and treat the lower estimate as a negotiation reference. The 50% rental demographic in the area suggests solid tenant demand if circumstances change, and NBN FTTP plus 5G coverage support remote work viability. The property suits a buyer who values location and space over modern finishes, and who is prepared to renovate the bathroom to lift long-term appeal.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3/52 Labouchere Road, South Perth WA 6151
Market Insight:
South Perth is a premium riverside suburb offering exceptional lifestyle and CBD proximity. Demand is driven by downsizers, interstate migrants, and those priced out of eastern capitals, competing for limited stock in a chronically undersupplied market. This has fuelled strong recent price growth across housing segments. Future growth is underpinned by sustained migration and low vacancy rates, though key constraints include declining affordability and a persistent shortage of listings, particularly at entry-level price points.