9/45 Robert Street, Como WA 6152
9/45 Robert Street, Como WA 6152
Compact 1962 townhouse | 71 m² with air conditioning | Flood overlay flagged | Como school catchments | Strong rental demand near Canning Bridge
This is a smaller, older townhouse in an established inner-south pocket where detached houses dominate and command far higher prices. Its competitive edge is not size or finish, but position and practicality. You are buying into a proven rental corridor with rail access, Preston Street amenities, and solid school catchments. The compact footprint suits a downsizer or investor more than a family, and the low-maintenance nature of the property is a genuine draw for someone wanting to lock in location without the upkeep of a house. The 1962 build and 71 m² internal area are ordinary for this stock type, but the digital infrastructure and transport links lift its everyday utility.
The flood overlay is the main factor that might shape your view on price. It does not necessarily rule out development or renovation, but it could affect insurance costs and any future approval process. The older build and compact layout may also limit how much value you can add through upgrades, though air conditioning is already in place. Rental income around $660 per week suggests the property holds its own as an investment, but the lack of shared amenities or standout internal features means its appeal rests mostly on location and affordability rather than presentation.
|| Comparable Sales: 5/45 Robert Street sold $551k; 2/144 Robert Street sold $830k | Property Price Band: $550k–$650k | Value Drivers: location proximity to transport, flood overlay impact, condition and layout efficiency
Detailed Independent Property Report prepared by PropCred Analyst team for 9/45 Robert Street, Como WA 6152
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
Comparable Sales: 5/45 Robert Street sold $551k; 2/144 Robert Street sold $830k | Property Price Band: $550k–$650k | Value Drivers: location proximity to transport, flood overlay impact, condition and layout efficiency
Bedrooms
2
Bathroom
1
Parking
1
Land
1864m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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