OFF MARKET

51/5 Rowe Avenue
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 96m2
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Property Details for 51/5 Rowe Ave, Rivervale

51/5 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 96m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2020
Floor Size
64m2
Land Size
96m2
Local Government
Belmont
Lot/Plan
51/S073489

Last Listing description (May 2023)

***UNDER OFFER***
Here you have a wonderfully presented 2 bedroom, 1 bathroom apartment in the exclusive Riverena complex offering the very best of resort style living close to everything.

Near new throughout, without paying the new price tag! Highlights include 2 large bedrooms, great for adults to live together and share both the costs and the lifestyle. You will love the kitchen with plenty of bench and cupboard space, glass splash back, dishwasher and stone tops.

Spacious living area opening out onto a good size balcony with views towards the Optus Stadium. Plus you have year round comfort with 2 split system air conditioners to living and master.

Cancel your gym membership, here you have resort facilities including a solar heated 15M pool, sun lounge, BBQ area, games room & gymnasium.

Features Include:
- On level 4 floor, North facing towards Optus Stadium, on the end of the hall with only 1 side neighbour.
- Reverse cycle split system air conditioning to master and living room.
- Well-appointed kitchen with ample cupboard space, soft close kitchen cabinetry & stylish glass splash back and stone benchtop.
- King-sized master with his and her WIR & semi-ensuite.
- Queen-sized second bedroom with BIR.
- Contemporary hybrid plank timber flooring.
- One of the largest store rooms in the complex at 7sqm.
- 8 Star NatHERS energy rating
- Resort facilities including a solar heated 15M pool, sun lounge, BBQ area, games room & gymnasium.
- Unfurnished

Nearby Amenities:
- Swan River & Cracknell Park 200m
- Blasta Brewing Company 650m
- Burswood Train Station 950m
- Rivervale IGA express 900m
- Empire Bar 1.1km
- Crown Casino 1.4km
- The Camfield 2.1km
- Optus Stadium 1.7km
- Victoria Park Cafe Strip 2.4km
- Perth CBD 5km

Other Details:
-2020 Built, Riverena complex by Finbar.
-Expected rental return of $550pw.
-Internal: 64m2, Balcony: 11m2, Car Bay: 14m2, Store: 7m2, Total Strata Area: 96m2
-Water rates $1158pa, council rates of $1595pa.
-Relatively low strata fees of $640 admin and $59 reserve per quarter.

***UNDER OFFER***

COVIDSAFE Inspection Requirements:
In the interest of your safety and ours and in line with government advice, we will be taking the following steps to manage social distancing requirements during our home opens.
1. We will require all attendees to provide your contact details at the door.
2. We may have to limit the number of persons in the property at any given time to ensure that the 1.5m distance between each group is observed.
3. Please disinfect your hands before you attend and refrain from touching surfaces in the home.
Please do NOT attend if you feel unwell, have been overseas in the last 14 days or if you have been in contact with a confirmed or suspected COVID-19

DISCLAIMER: This advertisement has been written to the best of our ability based upon the seller's information provided to us. Whilst we use our best endeavors to ensure all information is correct, buyers should make their own enquiries and investigations to determine all aspects are true and correct.

Property History for 51/5 Rowe Ave, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$405,000
17 Apr 2023
  • 17 Apr 2023
    Sold for $405,000
  • 10 Apr 2023
    Listed for Sale From $399,000
  • 18 Jul 2019
    Sold for $375,000

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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.