1/207 Labouchere Road, Como WA 6152

Land size tight | strata title | price range wide | buyer caution needed The primary risk here is the strata title on a small 287m² lot. That limits borrowing appeal and future renovation freedom for a buyer, and the wide $980k to $1.49m valuation gap from different sources suggests the market is uncertain on this property’s true worth. The commercial opportunity lies in its proximity to the Preston Street café strip and river, which supports long-term rental demand for a low-maintenance villa. The property should be held for steady yield, not flipped, given its age and strata constraints. Its competitive edge is the rare combination of a 1959 villa with pool and fireplace in a sought-after Como pocket, close to good schools like Como Primary. The key features mean a buyer secures a liveable, character home in a tightly held suburb without the premium of a full house. This property suits an owner-occupier or investor seeking stable capital growth over speculative gain. To move forward, secure a strata inspection and compare it directly against similar villas in the immediate streets to bridge the valuation gap before making any offer.