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WA › Rivervale › Tanunda Dr

70/18 Tanunda Dr, Rivervale WA 6103

For saleApartment

$1,090,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,090,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,090,000(Listing record · 2 July 2026)
  • CalculationAsk is 2% below the Rivervale median recorded sale ($1,112,750, n=42, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rivervale's advertised median rent ($708/wk), implied gross yield would be 3.38% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,090,000

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.

See the full Rivervale report →

Vs Rivervale

-2.0%

Median sale

Suburb $1,112,750

+0.07 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.

Total cost to purchase

Purchase Price
$1,090,000
Stamp Duty (Western Australia)
$47,251
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,141,176

$51,176 on top of the price (4.7% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Rivervale's advertised median rent — not a rent for this listing.

Net yield
1.88%
Annual cashflow (pre-tax)
$-36,214
Interest cover (DSCR)
0.36
Annual rent
$36,816
Operating expenses
$16,350
Loan amount
$872,000
Annual interest
$56,680
Gross yield
3.38%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,090,000available2 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Rivervale in one glance

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.

See the full Rivervale report →

Keep researching

  • Why Rivervale? Read the area thesis →
  • What else is on the market in Rivervale →
  • Other records on Tanunda Dr →

Listing material

Listed by Ray White Urban Springs

Premium Apartment Living on the Swan River

This presents an outstanding opportunity for buyers seeking premium apartment living in one of Rivervale's most desirable locations.

Welcome to this stunning sub-penthouse Avena Apartment, where luxury, lifestyle and location come together to create something truly special. From the moment you step inside, this impressive three-bedroom, two-bathroom residence sets a different tone. Clean architectural lines, quality finishes and a thoughtfully designed floorplan combine to deliver a home that feels sophisticated, spacious and effortlessly liveable.

The true showstopper awaits outside. A spectacular 22sqm undercover balcony, complete with glass screening and pull-out shutters, creates a versatile space that can be fully enclosed, seamlessly extending the living area and providing an incredible indoor-outdoor entertaining experience. The panoramic outlook is simply breathtaking, capturing sweeping views across the Perth CBD skyline, the Swan River, Optus Stadium, the Maylands wetlands and endless treetops beyond. Every bedroom enjoys these stunning vistas, ensuring you wake up to a remarkable outlook every day. By day, the scenery is peaceful and restorative ... by night, the city lights create a dazzling backdrop you'll never tire of.

Read the full description

Life here is defined by balance. Enjoy the energy and convenience of city living while embracing the calm and beauty of a riverside lifestyle. Stroll to the Swan River within minutes, launch into a sunrise paddle, explore scenic walking trails or simply unwind amongst nature. Weekends flow effortlessly between café brunches, local markets, sunset fishing and spontaneous evenings in the city.

Perfectly positioned, you'll enjoy easy access to Crown Perth, Ascot Racecourse, Optus Stadium, boutique shopping precincts, vibrant dining destinations and excellent transport connections linking you seamlessly to the CBD, Perth Airport and beyond. Tucked quietly within a cul-de-sac beside the lush open spaces of Shortland Jones Park, Spring View Towers offers a rare blend of privacy, security and connectivity.

Residents are welcomed through a secure lobby into a building renowned for its resort-style facilities and attention to detail. Enjoy access to a stunning infinity-edge heated pool, spa, sauna and fully equipped gymnasium, with every amenity thoughtfully designed to enhance comfort, wellbeing and everyday luxury.

This is far more than just an apartment. It's a front-row seat to Perth's most captivating river, city and lifestyle views, all from the comfort of your own home.

The property:

• City fringe & Swan River location

• 8th floor boutique apartment

• 3 bedrooms, 2 bathrooms

• Neutral & modern design & fittings

• Light filled open plan kitchen, dining & living area with reverse cycle air conditioner

• Modern kitchen with stainless steel BOSCH appliances including dishwasher, breakfast bar + island bench, abundance of storage throughout, overhead cabinets, stone benchtops, double sink

• Master suite includes reverse cycle air conditioner, x2 built in mirrored built in robes adjoining to ensuite bathroom, private balcony access

• Sleek neutral toned ensuite bathroom with large shower, vanity with storage, large bath, toilet

• Good sized minor bedrooms with double sized mirrored sliding built in robes

• Modern bathroom with large shower, vanity with storage, wall toilet

• Laundry with plenty of storage, wash trough with storage

• HUGE undercover tiled balcony with glass paneled screening + shutters - 22m2

• Seamless indoor to outdoor flow from living area & master bedroom to balcony

• x2 car bays - 14m2 each - with remote security gate access

• Lockable storeroom - 4m2

• 142m2 internal living size / 197m2 lot size

• Built 2007

The Building:

• Well maintained secure complex

• Fob/remote access to the building

• Building security throughout with CCTV

• Audio intercom system

• Open plan kitchen, living & dining with pool table

• Swimming pool, relaxing spa, sauna and gym

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.

Property features

  • Air Conditioning
  • Built-in Robes
  • In-Ground Pool
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.