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.
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.
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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