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Investment Property Rivervale, WA, 6103

Suburb Snapshot

Rivervale is a suburb in the Belmont Region of Western Australia. Rivervale has a population of 10,364 people and 40.46% of its occupants live in rental accommodation. The median listing price for houses is $749,000 and this has changed 9.34% over the past year and changed 16.93% over 2 years.

The median rent in Rivervale for houses is $700 per week and the median rental yield is 4.85%. Stock on the market for houses/townhouses has changed 11.59% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $489,000 and this has changed 22.25% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Rivervale is $605 per week, producing a rental yield of 6.43%.

Supply & Demand in Rivervale, Belmont

1.29%

Current vacancy rate


85

Rental stock available


10,364

Population


40.46%

Rental population


0.92%

Current vacancy rate


204

Rental stock available


39,683

Population


33.37%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Rivervale, Belmont

  House Townhouses Units
Median listing price $749,000 $659,500 $489,000
Median price change - last quarter 0.00% 10.10% 2.94%
Median price change - 1 year 9.34% 23.96% 22.25%
Median price change - 2 years 16.93% 29.44% 26.03%
  House Townhouses Units
Median weekly rent $700 $620 $605
Median yield % 4.85% 4.88% 6.43%
Median rent change - 1 year 16.66% 1.63% 14.15%
  House Units
Previous month sales 18 6
Stock on market previous month 77 64
Stock variance vs. last year 11.59% -18.99%
Average days on market 63 88

Rivervale investment property listings

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