SOLD
Sold on 30 Jun 2024 for $490,000

29/2 Rowe Avenue
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 107m2
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Property Details for 29/2 Rowe Ave, Rivervale

29/2 Rowe Ave, Rivervale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 107m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Rivervale in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
79m2
Land Size
107m2
Local Government
Belmont
Lot/Plan
29/S066016

Last Listing description (August 2024)

Welcome to this apartment, where modern living, convenience, and lifestyle perfectly converge. Ideally located in the vibrant heart of Rivervale, this residence is perfect for professionals, couples, and savvy investors. Enjoy close proximity to Crown Entertainment, Optus Stadium, Belmont Forum, Perth CBD, and a variety of nearby cafes and restaurants, or take a leisurely stroll along the Swan River./ Currently tenanted until 01/10/2024 at $650pw. The current tenant is open to extending the lease agreement should an investor acquire the property.Key Features:/ 2 Bedrooms each with built-in robes/ Master bedroom with en-suite/ Split system aircons in lounge and both bedrooms/ Solar Panels / Separate laundry room/ Private balcony/ Timber flooring to lounge area/ Allocated garage parking spaceBuilding Features:/ Swimming Pool/ Gym/ BBQ facilities in Al fresco area/ Prime Location: Located in the sought-after suburb of Rivervale, this apartment is just minutes away from local amenities, including cafes, restaurants, shopping centers, and public transport. Enjoy easy access to Perth CBD and major arterial roads, making commuting a breeze.Approximate Locations:/ Cracknell Park 210m/ Graham Farmer Freeway access 600m/ St Augustine's Primary School 950m/ IGA Plus Liquor 1.7km/ Rivervale Primary School 2.2km/ Crown Casino 2.3km/ Burswood Park 2.7km/ Belmont Forum 4.0km/ Perth CBD 6.1km/ Perth Airports 6.9kmDon't miss out on the chance to make this stylish apartment your own. Whether you're looking to move in or invest, this will be the perfect choice.|| Approx. Outgoings||Water $1,101.36 p.a. Council $1,668.39 p.a. Strata $2,601.45 qtr. ($1,916.35 Admin + Reserve and $685.10 Loan Repayment)*The building is currently completing works on the pool area. To ensure the project stays on schedule, a 5-year loan was secured to cover the necessary expenses.Contact us today to arrange a private viewing or for more information.

Property History for 29/2 Rowe Ave, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$490,000
30 Jun 2024
Listed for Rent
$480/w
30 Sep 2022
  • 30 Jun 2024
    Sold for $490,000
  • 28 May 2024
    Listed for Sale Under Offer by Riqiu
  • 19 Sep 2022
    Listed for Rent $480 / week
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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 6,897 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 19 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 556 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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Honsun (Australia) Realty Pty Ltd
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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.