OFF MARKET

23/5 Rowe Avenue
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 93m2
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Property Details for 23/5 Rowe Ave, Rivervale

23/5 Rowe Ave, Rivervale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 93m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2020
Floor Size
61m2
Land Size
93m2
Local Government
Belmont
Lot/Plan
23/S073489

Last Listing description (December 2022)

NEAR NEW STUNNER - NEST OR INVESTThis spectacular near-new apartment is an opportunity not to be missed, with the option to purchase fully furnished & equipped, and sold with vacant possession to move in or rent out from settlement! Featuring an end position with only 1 neighbour, chic hybrid timber flooring to living / dining, and a well-designed architectural layout, this apartment will suit buyers from all walks of life. This well thought out apartment features an open plan living, kitchen and dining area with reverse cycle air-conditioning, a king-sized bedroom with spacious his & hers walk in robe, leading onto a dual entry/semi ensuite & combination laundry. The chic kitchen, finished in a timeless white design, features plenty of cupboard space with soft closing cabinetry, stylish glass splashbacks, reconstituted stone bench-tops and stainless-steel kitchen appliances (Fisher & Paykel oven, cooktop & rangehood, dishwasher, and Samsung fridge).Completed in Dec 2020 Riverena Apartments is an integral component of The Springs, Rivervale. Connecting residents with the surrounding community, along with a vast array of sporting, leisure, entertainment, retail, transport, and community attractions located within an immediate 10-kilometre radius.This beautiful apartment won't last long, so don't delay, contact Joel for more information or for your private inspection today!FEATURES INCLUDE:- Level 2 floor, East-Facing in the 2020 built Riverena by Finbar- Sold with vacant possession, move in or rent out from settlement- Current rental potential, $550-$600p/w Furnished, gross ROI over 6.8%- Reverse cycle split system air conditioning to all rooms- Contemporary hybrid plank timber flooring- Well-appointed kitchen with ample cupboard space- Soft close kitchen cabinetry & stylish glass splashback- Reconstituted kitchen stone benchtop- Stainless steel European appliances- His & hers walk in robe to master bedroom- 8 Star NatHERS energy rating- King-sized master with WIR & semi-ensuite- Queen-sized second bed with BIR- NBN FTTP connected- Internal: 61m2, Courtyard: 13m2, Car Bay: 14m2, Store: 5m2, Total Strata Area: 93m2NEARBY AMENITIES- Swan River & Cracknell Park 200m- Blasta Brewing Company 650m- Burswood Train Station 950m- Rivervale IGA express 900m- St Augustine's Primary School 950m- Empire Bar 1.1km- Crown Casino 1.4km- The Camfield 2.1km- Optus Stadium 1.7km- Victoria Park Cafe Strip 2.4km- Perth CBD 5kmOutgoings (approximate):Council Rates: $1,654 p/aWater Rates: $1,131 p/aStrata Admin: $640 p/qStrata Reserve: $59 p/qDisclaimer: All distances are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All outgoings are approximate and subject to change without notice. Information provided is for advertising purposes only, buyers are recommended to verify all items personally and rely on their own investigations.

Property History for 23/5 Rowe Ave, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$440,000
02 Nov 2022
Listed for Rent
$620/w
20 Oct 2022
  • 02 Nov 2022
    Sold for $440,000
  • 05 Oct 2022
    Listed for Rent $620 / week
  • 11 Nov 2020
    Sold for $391,000
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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 77 properties listed for sale, and 20 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 566 properties were sold in the past 12 months in Rivervale.

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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.