4/53 South Terrace, Como WA 6152
4/53 South Terrace, Como WA 6152
Newly listed townhouse drawing early interest, targeting $1.9M+ buyers, with 6% rental yield potential, and a rear position in a stable complex.
Spacious 4 bed, 3 bath townhouse with 322sqm of living across two levels, study, two ensuites, four toilets, air conditioning, alarm, built-in robes and a double garage on a 351sqm strata block. Built in 2011 to high specification, it offers lock-and-leave appeal in a four-unit complex where owners average 13 years tenure, signaling low turnover and satisfaction. Rear positioning enhances privacy while sharing the streets established vibe.
Appealing to downsizers, professionals, or growing families seeking scale without house maintenance, plus space for a home office. Suitable for buyers prioritising quality finishes, 5G coverage, NBN fibre and easy access to shops, transport and schoolsComo Primary (0.9km, K-6 co-ed government) and Como Secondary College (1.8km, 7-12 co-ed government) within catchment.
Demand remains positive for larger townhouses like this, with fresh listing activity and nearby comparable sales showing strong pricing. Rental potential at $1,020-$1,245 per week supports investors seeking steady yields.
Location benefits include proximity to the Canning River for lifestyle walks and local council perks with no overlays, while remaining walkable to amenities. The suburb appeals to families and professionals with solid, stable, longer-term demographics. Growth reflects established demand for well-built stock amid limited supply of spacious units, with the complex showing consistent appreciation. Opportunities include value-add via minor updates or holding for rental income in a low-vacancy area.
Risks are limited to strata dynamics in a small complex and competition from similar listings, though rear position and size differentiate this property.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/53 South Terrace, Como WA 6152
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Insight: Como WA 6152
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.
PropCred Estimated Value
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst