3/261 Labouchere Road, Como WA 6152
3/261 Labouchere Road, Como WA 6152
3-bed 2-bath renovated villa | rear private spot in 4-unit complex | no strata fees | ducted air and double glazing | large covered veranda
This townhouse is positioned as an uncommon low-maintenance offering within a tightly held pocket of Como. The three-bedroom, two-bathroom layout is paired with a thorough renovation, including a modern kitchen with induction cooktop, ducted air-conditioning, and PVC double-glazed windows, which places it above the typical older villa stock. The rear location within a four-dwelling complex is prized for privacy and reduced traffic exposure, while the absence of strata management fees is a genuine operational advantage. This property is best suited to downsizers and professional couples seeking a lock-and-leave lifestyle close to schools and transport.
The modest internal area and single carport might be seen as limitations, and the compact landholding could be viewed as a constraint. The no-fees structure and energy-efficient features may offset these factors. A buyer is encouraged to weigh the underlying condition of the 1974 shell and the potential for future maintenance.
>> Comparable Sales: 8/170 Labouchere Road sold $872,000; 3/253 Labouchere Road sold $530,000 | Property Price Band: $900K-$1M | Value Drivers: renovated condition, two bathrooms, no strata fees
Detailed Independent Property Report prepared by PropCred Analyst team for 3/261 Labouchere Road, Como WA 6152
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Como, an established riverside suburb in the City of South Perth, is drawing strong demand from older, childless couples and a substantial renter base. House prices have climbed sharply, with median estimates ranging from $980,000 to $1.58 million and annual growth between 4.8% and 20.35% depending on the source; units show similar momentum, up 12–22%. The market is tight: houses average just 13 days on market and stock is minimal, with only seven listings over the past month. Gross rental yields for units are a solid 4.7–5.1%, while houses yield around 3.4–3.8%. With a high share of owners holding mortgages, the market is sensitive to rate movements, and affordability is a growing constraint. Future growth hinges on limited supply and persistent demand from downsizers and investors.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
90m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst