OFF MARKET

5A/62 Great Eastern Highway
Rivervale WA 6103

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 83m2
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Property Details for 5a/62 Great Eastern Hwy, Rivervale

5a/62 Great Eastern Hwy, Rivervale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 83m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2011.

Building Type
Unit
Year Built
1970
Floor Size
81m2
Land Size
83m2
Local Government
Belmont
Lot/Plan
5/S000222

Last Listing description (December 2011)

MILLION DOLLAR VIEW!
Live the dream in this two bedroom air-conditioned unit nestled on the bank of our beautiful Swan River. Don't let the address fool you, set way back in the complex, this is a truly peaceful setting. Just look at the VIEW! The photos say it all, step outside and enjoy strolling along the river walkway or just sit on your 20m2 balcony and soak up the VIEW. Imagine sitting outside with your morning coffee and newspaper or summer barbeques with friends on the balcony of your own home in this genuine ‘riverside' location.
This property is equally suited to the investor. With the widening and upgrade of Great Eastern Highway, close proximity to the airport, Perth CBD, Tonkin and Graham Farmer Freeways this is an ideal investment property.

Yes, there is some work to be done, but what an opportunity to start again and create your own haven. Where else can you buy this spectacular VIEW for such a tiny price? A little effort would see this unit transformed so bring your imagination and be quick to view this piece of paradise.
Available to view all weekend by appointment

Property History for 5a/62 Great Eastern Hwy, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$316,000
09 Dec 2011
  • 09 Dec 2011
    Listed for Sale $319,000
  • 09 Dec 2011
    Sold for $316,000
  • 09 Mar 2007
    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 6,910 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:

  • The median value for Houses in Rivervale is $825,936 while the median value for Units is $526,540.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 58 properties listed for sale, and 22 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 529 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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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.