1/77 Surrey Rd, Rivervale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 97m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Located in a small group of quality apartments, this property represents great buying for an investor looking for a low maintenance investment. Currently rented to a great tenant for $390.00 per week this represents a 6%+ yield for the astute investor.
Features include:
Small well maintained complex
Other benefits:
Low strata fees
Undercover, secure parking with remote control entry
Lockable storage room
Private balcony
Reverse cycle air conditioning
LED lighting
Queen-size bedroom with built-in robe
Location:
Perth Airport - 10 minute drive
Optus Stadium - 6 minute drive
Crown Casino - 7 minute drive
Perth City - 18 minutes drive
Many local cafes and restaurants nearby
City of Belmont | $1,037.00 pa
Water Corporation | $912.00 pa
Strata Levy | $466.40 per qtr
Reserve Fund | $49.55 qtr
To view this lovely property please call Suzanne Brown on 0417 916 220.
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:
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