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3 Hawksburn Road
Rivervale WA 6103

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Land area: 2826m2
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An Exceptional Development Opportunity in Rivervale's Premier Location

This prime property spans approximately 2,826 sqm within the highly sought-after Springs Precinct in Rivervale, just 6 km east of Perth's Central Business District. Renowned for its superior accessibility and vibrant amenities, Rivervale presents a distinctive and unmatched development opportunity.
**Key Property Features**
• Development Approval: Fully approved for a 15-storey mixed-use project, including 123 modern multi-residential units, alongside commercial spaces such shop, restaurant, office, and a health studio.
• Strategic Connectivity: Seamless access to major arterial roads including Great Eastern Highway, Graham Farmer Freeway, and Shepperton Road, enhancing the site's connectivity.
• Excellent Public Transport: Proximity to key public transport hubs, including bus routes and the Burswood Train Station, ensuring convenience for future residents and businesses.
• Vibrant Community Appeal: Rivervale's dynamic community, coupled with nearby key attractions like the Perth CBD, Perth Airport, Optus Stadium, Crown Casino, etc attracts a diverse demographic, making it a magnet for all age groups.
• Prime Location Advantage: Just 5 kilometers from the Perth CBD, offering an easy commute by car, bus, or bicycle, adding to the location's desirability.
• Ready for Development: The site is fully prepared with all piling works completed, enabling you to fast-track your project.
This is an unparalleled opportunity to acquire a premium asset in one of Perth's most dynamic inner-city locations.
For more information, contact Lily Chong today and seize the potential of this prime development site.
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Property Details for 3 Hawksburn Rd, Rivervale

Building Type
Land
Land Size
2826m2

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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 78 properties listed for sale, and 21 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 565 properties were sold in the past 12 months in Rivervale.

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Lily Chong
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IQI WA Pty Ltd
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