FOR SALE
From $559,000

116/1 Rowe Avenue
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
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Prime Investment Opportunity!

This is the golden opportunity you've been waiting for!
Secured with a tenant in place until June 2026, this property offers a hassle-free, steady stream of rental income. Sit back, relax, and let your investment do all the hard work-no stress, no surprises, just profits.
Nestled in a prime location, this stunning apartment gives your tenant the perfect blend of convenience and luxury, with the Swan River, Perth Airport, Burswood Entertainment Centre, Optus Stadium, and Perth CBD all within easy reach. Whether enjoying the exclusive resort-style amenities or simply unwinding in their modern apartment, your tenant will love every minute of living here.
Boasting an enviable lifestyle and prime location, the 7th floor is the top level with exclusive access. This property promises strong demand and long-term rental potential, making it an ideal addition to any investment portfolio.
Don't let this incredible opportunity pass you by - secure your future today and turn your investment dreams into a reality!
The property:
• Seventh floor luxury residence
• Two bedrooms, two bathrooms
• Neutral & modern design
• Quality roller blinds throughout
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Property Details for 116/1 Rowe Ave, Rivervale

116/1 Rowe Ave, Rivervale is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 71m2. The place is currently for sale with Ray White Urban Springs.

Building Type
Apartment
Floor Size
71m2

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About Rivervale 6103

The size of Rivervale is approximately 3.3 square kilometres. It has 15 parks covering nearly 3.2% of total area. The population of Rivervale in 2011 was 8,402 people. By 2016 the population was 10,389 showing a population growth of 23.6% in the area during that time. The predominant age group in Rivervale is 20-29 years. Households in Rivervale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivervale work in a professional occupation. In 2011, 46.3% of the homes in Rivervale were owner-occupied compared with 43.8% in 2016.

Rivervale has 6,900 properties. Over the last 5 years, Houses in Rivervale have seen a 69.38% increase in median value, while Units have seen a 72.44% increase. As at 31 October 2024:

  • The median value for Houses in Rivervale is $850,170 while the median value for Units is $543,942.
  • Houses have a median rent of $750 while Units have a median rent of $615.
There are currently 79 properties listed for sale, and 21 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Rivervale.

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Suburb Insights for Rivervale 6103

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Andrew Huggins
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Toby Huggins
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Ray White Urban Springs
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