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Como suburb profile

Como is a picturesque suburb situated just 6km south of Perth's CBD, nestled along the banks of the Swan River. Known for its leafy streets and relaxed atmosphere, Como offers a blend of residential charm and urban convenience. The suburb is home to a mix of character homes and modern apartments, attracting families, professionals, and students alike. With its proximity to Curtin University, excellent schools, and recreational facilities, Como is a popular choice for those seeking a balanced lifestyle. The area boasts a vibrant café culture, scenic parks, and easy access to public transport, making it a desirable location for residents and visitors.

Como property market performance

Como's property market has experienced significant growth over the past 12 months, with house values increasing by 22.5% and unit values surging by 30%. The current median house price stands at $1.32 million, while the median unit price is $625,000, indicating strong demand across both property types.

Sales activity has been robust, with 50 houses and 75 units sold over the past 12 months. Properties are moving quickly, with houses spending a median of just 11 days on the market and units even less at 8 days, reflecting a highly competitive market.

The rental market in Como has also seen notable increases, with average rents for houses rising by 14.1% and units by 13.6% over the last year. The average rent for houses is now $850, while units command $625, highlighting strong rental demand in the area.

Median price - houses$1.39MPast 3 months

Median price - units$698KPast 3 months

Change in value - houses23.7%12 months

Change in value - units29.8%12 months

Houses sold39Past 3 months

Units sold80Past 3 months

Median DOM - houses9.5Past 12 months

Median DOM - units8Past 12 months

Average rent - houses$850Past 12 months

Average rent - units$620Past 12 months

Change in rent - houses13.3%Past 12 months

Change in rent - units12.7%Past 12 months

Como demographics

Como, located in the southern suburbs of Perth, is a charming area known for its leafy streets and proximity to the Swan River. With a population of 14,786, Como offers a balanced lifestyle that appeals to families, professionals, and retirees alike. The median age of 38 suggests a mature community, with many residents enjoying the suburb's tranquil environment and convenient access to the city.

The suburb's housing landscape is diverse, with a significant portion of properties being owned outright (28.8%) or with a mortgage (29.1%). This indicates a stable community with a mix of long-term residents and new homeowners. Additionally, 42.1% of properties are rented, highlighting Como's appeal to those seeking flexible living arrangements, including students and young professionals.

Family life is a prominent feature of Como, with couple families with children making up 34.9% of the population, and couple families without children accounting for 48.6%. The presence of one-parent families (12.3%) and other family types (4.3%) adds to the suburb's diverse demographic profile. With its blend of natural beauty, community spirit, and accessibility, Como continues to be a desirable location for those seeking a balanced and fulfilling lifestyle in Perth.

Como infrastructure, key developments and investment opportunities

Como is experiencing several developments that could impact its property market. The recent completion of the Como Secondary College upgrade has enhanced local education facilities, potentially attracting more families to the area. Additionally, the ongoing redevelopment of the Canning Bridge precinct, which includes mixed-use developments and improved public spaces, is set to boost the suburb's appeal and connectivity.

The suburb's proximity to the Canning Bridge railway station on the Mandurah line continues to be a significant draw for commuters and investors. Recent infrastructure improvements along Canning Highway have enhanced accessibility and reduced traffic congestion. These developments, combined with Como's riverside location and established amenities, are likely to sustain strong demand for properties in the area and potentially drive up values in the coming years.

Como rental market trends

The rental market in Como has experienced significant growth, with house rents increasing by 14.1% over the past year to $850 per week, while unit rents have risen 13.6% to $625 per week. This vibrant suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to key amenities and transport links.

Suburbs near Como

Some popular suburbs near Como include:

Common questions about Como

  • Is Como a nice place to live?

    Como is a delightful suburb that offers a harmonious blend of natural beauty and urban convenience, making it a lovely place to call home. Its picturesque setting along the Swan River provides a serene backdrop for residents who enjoy the tranquility of leafy streets and the charm of a well-established community. The suburb's vibrant café culture and scenic parks offer plenty of opportunities for relaxation and socializing, while its proximity to Perth's CBD ensures that all the amenities of city life are within easy reach.

    Families will find Como particularly appealing due to its excellent schools and recreational facilities. The suburb's community spirit is evident in its welcoming atmosphere, making it a great place for raising children. Safety is generally not a major concern, contributing to the overall peace of mind for residents. While Como may not have the bustling nightlife of inner-city areas, its charm lies in its relaxed and friendly vibe, which is perfect for those who appreciate a quieter lifestyle.

    One trade-off of living in Como is that, as a desirable suburb with ongoing developments, property prices may be on the rise. However, the investment is often seen as worthwhile given the suburb's strong demand and potential for growth. Additionally, while Como offers a peaceful environment, those seeking a more dynamic urban experience might find the suburb's pace a bit slower. Nonetheless, for those who value a balanced lifestyle with easy access to both nature and the city, Como is a fantastic choice.

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  • Is it expensive to live in Como?

    Living in Como can be quite expensive, especially when you consider the current property market. The median house price in Como is $1,316,000, which is significantly high compared to many other suburbs. If you're looking to buy a unit, the median price is $625,000. For those considering renting, the average rent for houses is $850 per week, while units average $625 per week. These figures indicate that housing costs in Como are on the higher side.

    When you look at the income side of things, the average annual wage in Como is approximately $93,000, with most residents earning between $78,000 and $130,000. This is relatively high compared to the average wage in Western Australia. However, given the high property prices and rental costs, a significant portion of income would likely go towards housing expenses. This makes living in Como a considerable financial commitment, especially for those earning on the lower end of the income scale.

    Overall, while Como offers a desirable lifestyle with its proximity to the city and local amenities, the cost of living, particularly in terms of housing, is quite high. If you are thinking of living in Como, it's important to carefully evaluate your financial situation to ensure it aligns with the expenses you might incur in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Como a good place to invest?

    Como is shaping up to be an attractive suburb for investment, thanks to its impressive growth in property values and rental returns over the past year. With a 22.5% increase in median house values and a remarkable 30% rise in unit values, the suburb is clearly experiencing strong demand. This upward trend suggests that Como is becoming increasingly desirable, likely due to its appealing location and amenities.

    In addition to property value growth, rental returns in Como have also seen significant increases, with house rents climbing by 14.1% and unit rents by 13.6% over the last 12 months. This indicates a robust rental market, making it a promising option for investors seeking steady rental income. The combination of rising property values and rental yields suggests that Como offers a balanced investment opportunity, appealing to both capital growth and income-focused investors.

    Overall, Como's recent performance in both property value appreciation and rental growth makes it a compelling choice for those looking to invest in the real estate market. Its strong market dynamics and potential for continued growth position it as a suburb worth considering for long-term investment strategies.

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