24A Alston Avenue, Como WA 6152

24A Alston Avenue, Como WA 6152
Como duplex | 993m² land share | 90m² internal | 3 bed, 2 bath, 2 car This property presents a land-heavy configuration within a high-demand riverside suburb, offering a low-maintenance living format on a substantial lot. The three-bedroom, two-bathroom layout with dual parking suits a small family or investor seeking entry into this market with a functional footprint. Its primary strength is the land component relative to the dwelling, which provides a scarcity premium and future redevelopment optionality in a well-located area. The compressed internal area against the land size creates a value tension between current utility and future potential, demanding a capital commitment for renovation or rebuild to realise the underlying land value. This property serves as a strategic land bank with immediate rental utility; it is a hold for the patient buyer targeting land appreciation, not a turnkey home. Proceed only with a plan and budget to enhance the dwelling or secure the lot for later consolidation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24A Alston Avenue, Como WA 6152
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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.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

993m²

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