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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


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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

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