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
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

90m²

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