107 Toorak RoadRivervale WA 6103
Property Details for 107 Toorak Rd, Rivervale
107 Toorak Rd, Rivervale is a 2 bedroom, 1 bathroom House with 5 parking spaces and was built in 1951. The property has a land size of 928m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (January 2024)
(BLUE RIBBON INVESTMENT/DEVELOPMENT)
Excellent opportunity to secure this sought after triplex development site in central Rivervale location with older style character home returning $365pw. Perfectly rectangular in shape the current owner has obtained a formal DA approval for three street frontage blocks lapsing on the 9/8/25. Surrounded by modern developments this outstanding corner block is quickly becoming a rare commodity and will be highly prized in the future by all types of developers.
THE BLOCK:
- Rectangular shaped 928sqm corner R20/30 triplex block.
- DA approval has been obtained for three street front lots.
- Build single or double level homes all with street frontage.
- Retain existing character home and build 1 home for now.
- Sewer & water services all well placed and available to site.
THE HOME:
- Classic 1951 built timber frame two bed character home.
- Separate lounge room with country style kitchen/dining.
- Massive double door lock-up garage/workshop/man cave.
- Fully fenced and secure with side gate to Campbell Street.
- Returning $365per week until 16/8/23 to excellent tenant.
THE LOCATION:
- Central high growth Rivervale location hot for development.
- Boasts a medium price of $628,000 & 7.3% 12mth growth.
- Walk to Kooyong Shops, netball courts & Rivervale primary.
- 5mins to Belmont Forum, town centre & sporting grounds.
- 5-10mins to Burswood, Optus Stadium, Vic Park & Airport.
To secure today contact Belmont's #1 agent DEVON KELLY "Mr Belmont" 0417 936 277 or DANIEL KELLY 0456 180 575
Property History for 107 Toorak Rd, Rivervale, WA 6103
- 27 Sep 2023Sold for $950,000
- 24 May 2023Listed for Sale MR BELMONT - SOLD!
- 21 Apr 2023Listed for Sale FROM $599,999 DESIGN & BUILD!
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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 6,910 properties. Over the last 5 years, Houses in Rivervale have seen a 67.83% increase in median value, while Units have seen a 68.12% increase. As at 31 August 2024:
- The median value for Houses in Rivervale is $825,936 while the median value for Units is $526,540.
- Houses have a median rent of $700 while Units have a median rent of $600.
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