3/69-71 Gardner Street, Como WA 6152
3/69-71 Gardner Street, Como WA 6152
This is a ground-floor, two-bedroom, one-bathroom unit built in 1970, with a floor area of 56 square meters and no allocated parking. It is part of a small, 17-property strata complex on Gardner Street in Como, within the South Perth council area.
What is competitively strong about this property is its position as a genuinely entry-level opportunity within an established inner-suburban pocket. The ground-floor configuration removes the need for stairs, which is a practical advantage for downsizers or those seeking easy access. Its compact size and older build era place it at the more affordable end of Como’s unit market, making it best suited for first-time owner-occupiers or investors looking for a lower-maintenance holding in a well-located suburb. The lack of parking, while a constraint for some, also reflects the property’s positioning as a car-optional or secondary-vehicle home, which can be a deliberate choice for buyers prioritizing location over convenience.
The absence of parking and the small floor area are the two factors most likely to influence the property’s value and sale price. A buyer should weigh how these constraints narrow the pool of potential purchasers, particularly families or those reliant on a car. The 1970 build era may also mean older fixtures and less energy-efficient construction, which could require some initial updating. On the other hand, the ground-floor position and small strata scheme may keep ongoing body corporate costs lower than in larger complexes. These factors together suggest the price should reflect the property’s functional limits rather than its location alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/69-71 Gardner Street, Como WA 6152
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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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
2
Bathroom
1
Parking
-
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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