2/128 Lockhart Street, Como WA 6152
2/128 Lockhart Street, Como WA 6152
1993 villa | 428m² block | Como Secondary College | flood overlay
This three-bedroom villa presents a competitively sized, low-maintenance housing option on a larger-than-typical lot for its type in a well-established suburb. The configuration, with two living areas and two bathrooms, offers functional flexibility that serves downsizers seeking space or investors targeting stable family rental demand. Its strongest position is for a buyer prioritising land component within a villa format, benefiting from the established neighbourhood and the certainty of fibre internet.
The primary decision point is the flood overlay, which necessitates specialised due diligence for insurance costs and potential future resale constraints, directly impacting holding costs. The absence of recent comparable sales in the data requires validation against off-market transactions to confirm pricing. For a buyer, the commercial logic is securing a depreciated building on a appreciating land parcel; proceed only with a conditional contract pending flood impact assessment and independent valuation.
Independent, Unbiased Research from our PropCred Analyst teamÂ
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.