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 › Riversdale Rd
$650,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
94 m²
Land
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
$650,000
Asking · $6,915/m² of land
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
-41.6%
Median sale
Suburb $1,112,750
+2.35 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.
$28,815 on top of the price (4.4% 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. Listed land size is 94 m² — that is not 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 5.7%. 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. Listed land size is 94 m² — that is not 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 BourkesA rare and secure opportunity within the sought-after Vantage Apartments, this well-appointed residence places the focus firmly on comfortable, low-maintenance living. Positioned on the second level, the apartment offers a practical and thoughtfully designed two-bedroom, one-bathroom layout, complete with a secure car bay and private storeroom, making it an ideal choice for owner-occupiers and investors alike.
Inside, the home presents a functional open plan design that maximises space and ease of living. The kitchen is centrally positioned and fitted with stone-style benchtops, seamlessly connecting with the living and dining areas to create a cohesive everyday living environment. Neutral tones throughout enhance the sense of space, while ducted air conditioning, skirting boards and an intercom system add comfort and convenience.
The primary bedroom is well considered, featuring a walk-through robe that leads directly to a modern semi-ensuite bathroom, offering both practicality and privacy. Floor-to-ceiling windows allow for good natural light, while the overall layout has been designed to suit a range of lifestyles, from professionals and couples to FIFO workers, downsizers and investors seeking a secure, easy-care property.
A private balcony extends the living space and provides a quiet spot to relax, while the apartment's lock-and-leave design ensures minimal upkeep and maximum convenience. Secure lift access, an undercroft car bay and a separate storeroom further enhance the functionality of the home.
Residents of Vantage Apartments also enjoy access to an impressive suite of resort-style amenities, including a gym, spa, sauna, steam room, infinity-edge pool, BBQ facilities (roof top and ground-level ones), rooftop deck chair cinema with city views and Optus staduim, an entertainers' lounge and a private downstairs cinema room, adding another layer of lifestyle appeal. With a well-presented lobby and secure environment, this apartment delivers a balanced combination of practicality, comfort and modern apartment living.
The lifestyle on offer is equally impressive. Walk to the Swan River, which is only metres away, and you are moments from Optus Stadium, Crown Casino complex, local breweries, Ascot racecourse, Gloucester Park, as well as the vibrant East Perth precinct. Shopping and recreation are within easy reach, including Belmont Forum, Belmont Oasis Leisure Centre, Reading Cinemas Belmont, Costco Perth Airport, and DFO Perth, along with convenient access to the CBD, both airports, and the surrounding entertainment and sporting hubs.
This is a rare opportunity to secure a beautiful apartment - Phone Steven or Sandy to book your viewing.
City of Belmont - $1,722 p/a
Water Corporation - $1,098.83 p/a
Strata $873 p/qtr
Sinking Fund $185 p/qtr
Listing description written by Steven Webster, Bourkes — reproduced as published, not verified by Districts.