10 Colombo Street, Victoria Park WA 6100

10 Colombo Street, Victoria Park WA 6100
3 bed | 2 bath | 2 car | 676sqm land | character brick from 1920 | inner Perth This property is competitively strong for its land-to-dwelling ratio on a generous 676sqm block, which is rare for an inner suburb like Victoria Park. The character brick construction from 1920 offers established appeal that newer infill often lacks, and the 3/2/2 configuration suits owner-occupiers seeking space near the CBD. It serves best a buyer wanting a substantial home with room to personalise, rather than a low-maintenance apartment. The location, about 5km from Perth’s centre with train and bus access, supports strong demand from professionals or downsizers who value convenience and character. What might materially affect value includes the property’s condition, which is unverified beyond the character brick description, so renovation costs could be a factor. The inconsistent classification as villa, townhouse, or house may influence lender or buyer perception, though the land size is the real driver. Orientation and aspect are unknown, which could impact natural light and energy efficiency. The age from 1920 might bring heritage considerations or maintenance needs, but this is not confirmed by formal records. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10 Colombo Street, Victoria Park WA 6100
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Victoria Park is positioned as a high-demand inner-city suburb experiencing robust capital appreciation, particularly in its housing market. Demand is driven by buyers seeking proximity to the city and lifestyle amenities, with strong competition for limited stock. The market has demonstrated significant upward momentum, reflecting tight conditions and sustained buyer interest. Future growth is underpinned by its established appeal and ongoing urban renewal, though potential constraints include affordability pressures and the limited availability of new land for development.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

272m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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