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WA › Rivervale › Riversdale Rd

712/60 Riversdale Rd, Rivervale WA 6103

For saleApartment

$799,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

122 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 15 July 2026)
  • CalculationAsk is 28% 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 4.61% — 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

$799,000

Asking · $6,549/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.

See the full Rivervale report →

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.

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (Western Australia)
$32,264
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
$835,189

$36,189 on top of the price (4.5% 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
3.11%
Annual cashflow (pre-tax)
$-16,717
Interest cover (DSCR)
0.60
Annual rent
$36,816
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
4.61%

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$799,000available15 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. Listed land size is 122 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.

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 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

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. Listed land size is 122 m² — that is not 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 Riversdale Rd →

Listing material

Listed by Ray White Urban Springs

Elevated Riverside Living

Welcome to Vantage Apartments, where breathtaking panoramic views from every room create an extraordinary living experience unlike any other. Framed by sweeping vistas across the Swan River, Perth skyline and beyond, this exceptional residence offers a front-row seat to some of the city's most captivating scenery, transforming every sunrise, sunset and sparkling evening skyline into your own private masterpiece.

From the moment you arrive, the grand secure lobby sets the tone for the sophisticated lifestyle that awaits. Beautifully appointed with elegant waiting lounges and premium finishes, it delivers an immediate sense of exclusivity while welcoming residents and guests with understated luxury. Entertain without leaving home in the private residents cinema, the perfect setting for movie nights, major sporting events or intimate screenings in complete comfort.

Perched high above the city, the spectacular rooftop terrace is nothing short of breathtaking. Showcasing uninterrupted panoramic views stretching from the river to the glittering city skyline, this incredible entertaining space features an outdoor cinema, designer BBQ facilities and stylish lounge areas, creating the ultimate destination for sunset cocktails, weekend celebrations or unforgettable evenings beneath the stars.

Read the full description

Every day feels like a 5 star resort with an outstanding collection of exclusive resident amenities. Relax beside the stunning heated infinity-edge swimming pool, rejuvenate in the spa and sauna or energise in the fully equipped gymnasium. Every space has been thoughtfully designed to deliver the perfect balance of wellness, relaxation and indulgence, allowing you to enjoy a lifestyle many only dream of.

Inside, contemporary elegance combines effortlessly with everyday comfort. The spacious open plan design is bathed in natural light, while floor-to-ceiling glazing perfectly frames the spectacular outlook from every room. A beautifully appointed gourmet kitchen features premium appliances and sleek finishes, complemented by stunning floating timber flooring that adds warmth and sophistication throughout. Seamlessly extending outdoors, the expansive private balcony provides the perfect setting to enjoy your morning coffee above the city, entertain family and friends against a breathtaking backdrop, or simply relax as the ever changing skyline unfolds before you.

At Vantage Apartments, luxury extends far beyond the residence itself. It is a lifestyle defined by world class amenities, unrivalled views, exceptional design and effortless riverside living, delivering one of Perth's most prestigious residential experiences in an address that truly stands above the rest.

The property:

• Well maintained secure complex

• Fob/remote access to the building

• Building security throughout with CCTV

• Audio intercom system

• City fringe & Swan River location

• 7th floor boutique apartment

• 2 bedrooms, 2 bathrooms

• Neutral & modern design & fittings

• DAIKIN ducted reverse cycle air conditioner

• Easy care neutral sheer & block out roller blinds throughout

• Surface mounted LED downlights with pendant feature lights in the kitchen

• Light filled open plan kitchen, dining & living area with an abundunce of built in storage

• Modern kitchen with stainless steel AEG appliances including dishwasher, breakfast bar, abundance of storage throughout, overhead cabinets, stone benchtops

• Master suite includes built in mirrored robes adjoining to ensuite bathroom

• Sleek neutral toned ensuite bathroom with large shower, floating vanity, recessed shelving, built in mirrored cabinet with storage, wall hung toilet

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

• Modern bathroom with large shower, floating vanity, recessed shelving, built in mirrored cabinet with storage, wall hung toilet

• European laundry with wash trough with storage, FISHER N PAYKEL clothes dryer

• HUGE undercover tiled balcony with glass paneled screening - 10m2

• Seamless indoor to outdoor flow from living area to balcony

• x2 car bays - 28m2 each - with remote security gate access

• Lockable storeroom adjacent to main car bay - 5m2

• 79m2 internal living size

• Built 2019

The Building:

• Rooftop terrace with panoramic views, cinema and BBQ area

• Infinity-edge heated pool, relaxing spa, sauna and gym

• Building manager

• Elegant lobby with secure access and welcoming waiting area

• Open plan kitchen, living & dining with fireplace

• Outside BBQ area & seating

• Dedicated cinema room for movie nights

• Mail room with fridge/freezer for any onsite food deliveries

• Plenty of visitors parking

The Location:

• Walking distance to Eastgate IGA includes multiple takeaway options, gym + a medical centre

• Bus stop on Great Eastern Highway

• 2 km to Crown Casino with restuarants, entertainment

• 3 km to Optus Stadium

• 4 km to Belmont Forum & Reading Cinemas

• 6 km Perth CBD

• 7 km to Costco, DFO + Perth Airport

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.

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.