FOR SALE
From $189,000

3/1 Minora Place
Rivervale WA 6103

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 47m2
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RARE SHORT STAY RIVERSIDE OPPORTUNITY

Want to be a landlord without the hassle?
Attention investors! Looking to capitalise on the thriving short-stay rental market without the hassle of managing a property yourself? This neat and tidy 1x1 unit on the Bank of the Swan River presents an exceptional investment opportunity to add to your portfolio. Located on the ground floor, the unit provides easy access for all guests and is located only a short walk from beautiful riverside walking trails and bike paths. The check in's and check out's are the responsibility of Burswood Lodge so fuss free investing.
Conveniently positioned, this gem is only a short drive away from the bustling Perth CBD, Optus Stadium, Crown Casino and Belmont Forum! Commuting is made easy with multiple public transport options at your doorstep for your guests to utilise.
PROPERTY PARTICULARS:
• Neat & tidy throughout, no need to lift a finger
• Open plan living and dining area
• Well kept kitchen with gas cook top and plenty of cupboard space
• Generously sized bedroom
• Separate bathroom with all the essentials
• Ground floor access for effortless guest arrivals and departures
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Property Details for 3/1 Minora Pl, Rivervale

3/1 Minora Pl, Rivervale is a 1 bedroom, 1 bathroom Unit. The property has a land size of 47m2. The place is currently for sale with Ray White Urban Springs.

Building Type
Unit
Land Size
47m2

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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 67 properties listed for sale, and 31 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 556 properties were sold in the past 12 months in Rivervale.

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Joseph Gardner
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Ray White Urban Springs
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