1/29 Eric Street, Como WA 6152
1/29 Eric Street, Como WA 6152
3 bed townhouse | 105mยฒ land | Como Primary walk zone | Fibre to premises
This townhouse sits in a tight Como pocket where land-constrained stock near the primary school rarely trades, giving a buyer a positional edge over larger but more distant properties. The 105mยฒ footprint is efficient for a couple or small family seeking lock-and-leave convenience, and the built-in robes and air conditioning remove immediate upgrade pressure. The 2 car spaces with garage are a genuine rarity at this price point in the area, which strengthens resale appeal. It serves best as a low-maintenance owner-occupier home or a stable rental holding for someone prioritising school catchment over square metres.
The main risk is the inconsistent bathroom countโone versus twoโwhich could narrow the buyer pool and suppress future offers if it is indeed a single bathroom. The 2020mยฒ land figure in some records is clearly an error and must be clarified before exchange, as it creates valuation confusion. The 0% auction clearance in Como signals a soft market where patience is rewarded; a pre-purchase building inspection is non-negotiable given the 1981 build. For a buyer, this property works as a hold-and-occupy or hold-and-lease play, not a flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Como is an established riverside suburb with a mature demographic profile, where demand is significantly driven by childless couples and renters, reflecting a preference for its lifestyle and location. The market exhibits strong recent price appreciation across both houses and units, with houses transacting particularly swiftly, indicating robust competition among buyers. Future growth is underpinned by its limited and established housing supply, though this same constraint presents a key risk to affordability and accessibility for new entrants.