12B Alston Avenue Como WA 6152
12B Alston Avenue Como WA 6152
4 bed, 3 bath, 1996 build | 343sqm block, 254sqm house | 3 living areas, 4 car spaces | South Perth, Como Primary zone
The propertyโs configurationโfour bedrooms, three living areas, and a 68% site coverage on a 343sqm blockโis rare for a 1996 build in Como, offering genuine separation of zones for a family or dual-occupancy scenario. The 4-car capacity and ensuite layout serve buyers who prioritize internal space over land, and the location within the Como Primary intake area adds a premium for families. This house suits a buyer seeking a turnkey residence with functional scale, where the existing floor plan reduces the need for immediate renovation.
The primary risk is the flood overlay, which may affect insurance premiums and restrict certain future ground-level modifications; this should be costed before offer. The 2022 purchase price of $1.32m versus current estimates near $2.17m signals strong capital growth, but also that the market has already priced in the areaโs desirability. For an owner-occupier, the property holds well as a long-term family home with low maintenance exposure; for an investor, the rental yield at $1,250/week is modest relative to value, so the hold case relies on continued land appreciation rather than cash flow.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12B Alston Avenue Como WA 6152
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.