SOLD
Sold on 02 Apr 2024 for $280,000

8/44 Belmont Avenue
Rivervale WA 6103

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 71m2
Land area: 73m2
Sold By
Ross Scarfone Real Estate
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Property Details for 8/44 Belmont Ave, Rivervale

Building Type
Commercial
Year Built
2005
Floor Size
71m2
Land Size
73m2
Local Government
Belmont
Lot/Plan
8/S046631

Last Listing description (June 2024)

Refurbished well presented modern office (1st floor) 73sqm in Prime location, with excellent access to all arterial roads. The property has 3 allocated car bays plus various visitor bays on site. Features: Open plan offices Own toilets Good natural light Zoned "Mixed Business" the property is located on the Southwest corner of Belmont Avenue and Francisco Street and only approximately 500 metres from Great Eastern Highway which provides good access to Tonkin Highway and the Graham Farmer Freeway.

Property History for 8/44 Belmont Ave, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$280,000
02 Apr 2024
  • 02 Apr 2024
    Sold for $280,000
  • 17 Feb 2024
    Listed for Sale $295,000
  • 30 Sep 2020
    Listed for Sale $255,000 plus GST
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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 6,899 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 76 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.

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.