OFF MARKET

1/77 Surrey Road
Rivervale WA 6103

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 97m2
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Property Details for 1/77 Surrey Rd, Rivervale

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.

Building Type
Unit
Year Built
2014
Floor Size
58m2
Land Size
97m2
Local Government
Belmont
Lot/Plan
1/S065138

Last Listing description (December 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

High ceilings
Timber floorboards
Well appointed kitchen with stone benchtops
Modern appliances
Spacious bedroom

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.

Property History for 1/77 Surrey Rd, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$310,000
24 Oct 2022
Listed for Rent
$265/w
16 Nov 2017
  • 24 Oct 2022
    Sold for $310,000
  • 28 Jul 2022
    Listed for Sale Offers from $299,000
  • 24 Aug 2017
    Listed for Rent - Price not available
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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 80 properties listed for sale, and 20 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 563 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.