SOLD
Sold on 03 Jun 2024 for $1,290,000

183 Surrey Road
Rivervale WA 6103

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 71m2
Land area: 316m2
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Property Details for 183 Surrey Rd, Rivervale

183 Surrey Rd, Rivervale is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2017. The property has a land size of 316m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom Unit sold in Rivervale in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
71m2
Land Size
316m2
Local Government
Belmont
Lot/Plan
300/P076225

Last Listing description (July 2024)

Incredible investment opportunity 3 apartments on one title with quality finishes. Listed on one green title this apartment complex is for sale. Comprising 3 apartments, all 2-bedroom 1 bathroom with stunning kitchens, airconditioned living and high ceilings. Well, built and to be sold as one lot not individual apartments for sale.Current owner has gone for high end finishes and currently all apartments are tenanted. If you are looking for an investment for yourself managed super fund with high yield, then this is it. Earning potential $500 to $550 per apartment.1 apartment downstairs and 2 apartments upstairs.Apartments 2 & 3 on periodical leases. Apartment 1 just signed a 12-month lease. - 3 of 2-bedroom 1-bathroom apartment- High ceilings- Air-conditioned living- Courtyard to ground floor apartment- Balcony to upstairs apartment- Good sized living space- 1 car bay per apartment- Storage unit for each apartment- Solid construction- Short walk to Belmont Forum, town centre and all the modern facilities.- 10 mins to Vic Park Strip, Optus Stadium, Burswood Casino & Perth Airport.- Council rates - $4415 approx / Water rates - $3247 approx Unique investment opportunity awaits. Call for more details.

Property History for 183 Surrey Rd, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$1,290,000
03 Jun 2024
Listed for Rent
$330/w
13 Oct 2020
  • 03 Jun 2024
    Sold for $1,290,000
  • 15 May 2024
    Listed for Sale From $1.29M
  • 24 Sep 2020
    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 6,899 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 77 properties listed for sale, and 20 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 561 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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WELSH Real Estate Pty Ltd - Cloverdale
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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.