Rivervale at a glance
12,974
People
$1,112,750
Median sale
$708/wk
Median rent
3.31%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
WA › Rivervale › Homelea Ct
$799,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$799,000
Asking
No recorded sale for this property.
Rivervale at a glance
12,974
People
$1,112,750
Median sale
$708/wk
Median rent
3.31%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Vs Rivervale
-28.2%
Median sale
Suburb $1,112,750
+1.30 pp
Gross yield
Suburb 3.31%
Suburb median $1,112,750 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$36,189 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Rivervale's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $708/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Rivervale at a glance
12,974
People
$1,112,750
Median sale
$708/wk
Median rent
3.31%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Urban SpringsPerfectly positioned in the heart of Rivervale, Spring View Towers offers an exceptional lifestyle where the tranquility of the Swan River meets the energy of Perth's CBD. With Optus Stadium, Crown Perth, the Burswood entertainment precinct and an array of cafes, dining and transport options all within easy reach, this is a location designed for effortless living.
Stylish, sophisticated and thoughtfully designed, this impressive residence showcases clean architectural lines, quality finishes and a seamless indoor-outdoor connection. At the heart of the home, the sleek designer kitchen blends style with functionality, overlooking the light filled open-plan living and dining area that extends effortlessly onto the spectacular balcony which includes retractable cafe blinds.
The expansive 21sqm undercover balcony is the true centrepiece of the home. Framed by glass balustrading and capturing sweeping views across the Perth CBD and Burswood skyline, it's the perfect place to entertain, unwind or simply enjoy the breathtaking city lights after dark.
The spacious master suite provides a peaceful retreat, complete with floor-to-ceiling built-in robes and a beautifully appointed ensuite. Two additional generously sized bedrooms, each with built-in robes, offer outstanding flexibility for family living, overnight guests or the ideal work-from-home office. Reverse cycle air conditioning throughout the living area and all bedrooms ensures year round comfort.
Beyond your front door, a lifestyle of convenience awaits. Enjoy morning walks along the Swan River, weekend paddle sessions, nearby cycling and walking trails, or spend your evenings exploring the vibrant cafes, restaurants and entertainment venues that make this riverside precinct so sought after. With Ascot Racecourse, Optus Stadium, Crown Perth and the CBD all just moments away, every lifestyle attraction is within easy reach.
Spring View Towers offers more than just an apartment ... it delivers a lifestyle where luxury, convenience and riverside living come together in one of Perth's most desirable locations. Your private escape awaits.
Welcome to Spring View Towers .. Where riverside serenity meets city sophistication.
The property:
• City fringe & Swan River location
• Sixth floor boutique apartment
• 3 bedrooms, 2 bathrooms
• Neutral & modern design & fittings
• Surface mounted LED downlights
• Light filled open plan kitchen, dining & living area with reverse cycle air conditioner
• Modern kitchen with stainless steel appliances, BOSCH dishwasher, abundance of storage throughout, microwave recess, stone benchtops
• Master suite includes reverse cycle air conditioner, floor to ceiling sliding built in robes, adjoining to ensuite bathroom
• Sleek neutral toned ensuite bathroom with large shower, vanity with storage, toilet
• Good sized minor bedrooms with mirrored built in robes + reverse cycle air conditioners
• Combined bathroom/laundry with large shower, vanity with storage, toilet, wash trough with storage
• HUGE undercover balcony with glass paneled screening - 21m2 + retractable cafe blinds
• Seamless indoor to outdoor flow from living area to balcony
• Tandem car bays for 2 vehicles - 25m2 - with remote security gate access
• Lockable storeroom - 5m2
• 94m2 internal living size
• Built 2014
The Building:
• Well maintained secure complex
• Fob/remote access to the building
• Building security throughout with CCTV
• Audio intercom system
• 20 metre solar heated swimming pool
• Air conditioned Gym, Sauna
• x2 BBQ area, x2 Residents lounge with pool table, kitchen and multiple seating areas
• Vast and secure level one garden areas
• Huge roof top solar system
The Location:
• Walking distance to scenic riverside trails, Burswood Train Station, local shopping, multiple takeaway options, gym
• Bus stop on Great Eastern Highway
• 100m Sushi 2016, Chicken Lab, Fox Friday & Blasta Collective
• 2 km to Crown Casino, Optus Stadium
• 4 km to Belmont Forum & Reading Cinemas
• 6 km Perth CBD
• 7 km to Costco, DFO + Perth Airport, Victoria Park café strip - brunch, bars, boutique shopping
• 10 km to Mount Lawley - wine bars, vintage finds & cool cafes
Please click the 'Get in Touch' button to express your interest or arrange an inspection, alternatively please feel free to phone directly to discuss further. Thank you for viewing our listing - Team Huggins!
Disclaimer: We have in preparing this document, used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Highline Asset Pty Ltd ACN 137 025 015
Listing description written by Andrew Huggins, Ray White Urban Springs — reproduced as published, not verified by Districts.