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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 $750,000 and this has changed 9.48% over the past year and changed 15.56% 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 14.67% compared to last year and the average time to sell a house/townhouse is 62 days.The median listing price for units is $495,000 and this has changed 23.75% over the past year. The average unit takes 92 days to sell and the median rent for a unit in Rivervale is $620 per week, producing a rental yield of 6.51%.

Supply & Demand in Rivervale, Belmont

1.36%

Current vacancy rate


89

Rental stock available


10,364

Population


40.46%

Rental population


1.04%

Current vacancy rate


230

Rental stock available


39,683

Population


33.37%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Rivervale, Belmont

  House Townhouses Units
Median listing price $750,000 $699,500 $495,000
Median price change - last quarter 0.00% 10.10% 2.94%
Median price change - 1 year 9.48% 27.29% 23.75%
Median price change - 2 years 15.56% 37.29% 30.26%
  House Townhouses Units
Median weekly rent $700 $620 $620
Median yield % 4.85% 4.60% 6.51%
Median rent change - 1 year 16.66% 3.33% 13.76%
  House Units
Previous month sales 17 5
Stock on market previous month 86 55
Stock variance vs. last year 14.67% -14.06%
Average days on market 62 92

Rivervale investment property listings

Showing 1 of 1 investment properties found in Rivervale on realestateinvestar.com.au

62/3 Homelea Ct, Rivervale

$0

property pic

SPACIOUS APARTMENT WITH HUGE PRIVATE COURTYARD

There's something instantly appealing about this one. Maybe it's the extra breathing room. Maybe it's the big private courtyard. Or maybe it's just that life at Spring View Towers tends to run a bit smoother. Either way, this first-floor apartment in the East Wing offers one of the larger ...

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WA 6103


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