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
$649,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
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
$649,000
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
-41.7%
Median sale
Suburb $1,112,750
+2.36 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.
$28,768 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. 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.
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 presents an exceptional lifestyle where riverside tranquillity meets the vibrant energy of Perth's CBD. Just moments from the Swan River, Optus Stadium, Crown Perth and the renowned Burswood entertainment precinct, this premium address places world-class dining, entertainment, transport and recreation right at your doorstep. Whether you're commuting to the city, enjoying a riverside stroll or taking in a concert or sporting event, every convenience is within easy reach.
Designed with style, sophistication and effortless living in mind, this beautifully appointed residence showcases contemporary architecture, quality finishes and an abundance of natural light throughout. The stunning designer kitchen forms the heart of the home, seamlessly overlooking the spacious open-plan living and dining area before flowing effortlessly onto the expansive balcony. Framed by sleek glass balustrading, this impressive outdoor retreat captures breathtaking panoramic views across the Perth CBD skyline, Optus Stadium and the sparkling lights of Burswood, creating the perfect setting for entertaining guests or simply unwinding as the city comes alive each evening.
The luxurious master suite is a private sanctuary, complete with floor-to-ceiling built-in robes and a beautifully finished ensuite. Two additional generously proportioned bedrooms, each featuring built-in robes, provide exceptional versatility for growing families, visiting guests or those seeking a dedicated home office. Reverse-cycle air conditioning throughout the living area and every bedroom ensures year-round comfort, while the thoughtful floorplan offers both functionality and elegance.
Life at Spring View Towers extends far beyond your apartment. Begin your mornings with a coffee overlooking the Swan River, spend weekends exploring kilometres of picturesque walking and cycling trails, or enjoy kayaking and paddleboarding just moments from home. In the evenings, indulge in the vibrant dining scene at Crown Perth, catch a game at Optus Stadium, or experience the excitement of Ascot Racecourse and the Burswood entertainment precinct. With Perth's CBD only minutes away, you'll enjoy the perfect balance of peaceful riverside living and cosmopolitan convenience.
More than simply an apartment, Spring View Towers offers an enviable lifestyle defined by luxury, convenience and spectacular views.
Combining sophisticated design with one of Perth's most desirable riverside locations, this is a rare opportunity to secure a home where every day feels extraordinary.
The Property:
• City fringe & Swan River location
• Eighth floor boutique apartment
• Neutral & modern design with quality fittings & fixtures throughout
• Surface mounted downlights
• Low maintenance vertical blinds
• Reverse cycle air conditioners to living + both bedrooms
• Light filled open plan kitchen, dining & living area opening onto private balcony
• Seamless indoor to outdoor flow from living area to balcony
• Sleek modern kitchen with stainless steel appliances, 4 burner cooktop, dishwasher, built in microwave recess, good sized fridge recess, breakfast bar, stone benchtops, abundance of storage throughout
• Master suite includes reverse cycle air conditioner, floor to ceiling sliding built in robes, direct access to balcony, bedroom 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
• Balcony with residential views of Burswood & city glimpses
• Single car bay with remote security gate access
• Lockable store room
• 69m2 internal living
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
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.