27/1 Minora Pl, Rivervale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 41m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
The location is amazing considering the property is within:
- 10 minutes from Perth CBD (5.6kms)
- 1 minute from the Swan River foreshore (250m)
Offering high returns, currently rented on the short-term rental market and managed professionally by Perth's largest Airbnb company, easily hit $180 for single day. It will only get better returns as travellers continue to arrive in Perth.
COUNCIL RATES: $ 1,182 approx. per year
WATER RATES: $ 1,294 approx. per year
STRATA FEES: $479.40 per quarter approx.
Please note: this property is available to investors for short stay ONLY - you cannot reside in the apartment as an owner occupier.
Don't miss so rare opportunity, contact agent for private inspection!
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:
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