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WA › Rivervale › Hawksburn Rd

87/5 Hawksburn Rd, Rivervale WA 6103

For saleApartment

$669,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $669,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $669,000(Listing record · 29 July 2026)
  • CalculationAsk is 40% 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 5.50% — 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

$669,000

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

-39.9%

Median sale

Suburb $1,112,750

+2.19 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
$669,000
Stamp Duty (Western Australia)
$25,793
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
$698,718

$29,718 on top of the price (4.4% 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
4.00%
Annual cashflow (pre-tax)
$-8,007
Interest cover (DSCR)
0.77
Annual rent
$36,816
Operating expenses
$10,035
Loan amount
$535,200
Annual interest
$34,788
Gross yield
5.50%

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$669,000available29 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 5.5%. 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 Hawksburn Rd →

Listing material

Listed by Ray White Urban Springs

Top Floor Living with Exceptional Expansive Outdoor Living Space

Perfectly positioned on the top floor in one of Rivervale's most sought-after riverside pockets, this architecturally designed apartment offers an exceptional blend of contemporary style, everyday comfort and an unbeatable lifestyle. Located just 300 metres from the picturesque Swan River and only 6 kilometres from the Perth CBD, you'll enjoy the convenience of vibrant cafes, popular restaurants and public transport all within easy reach.

Designed for those who appreciate quality living, this impressive residence is ideal for first home buyers, busy professionals, downsizers and astute investors alike. Offering a seamless balance of luxury, practicality and long term value, it presents an outstanding opportunity to secure a home in one of Perth's most desirable lifestyle locations.

What truly sets this apartment apart is its spectacular 32m² private balcony... the only residence in the building to offer such an expansive outdoor entertaining space. Showcasing sweeping views towards the Perth CBD and Burswood, along with glimpses of the Swan River, this exceptional outdoor retreat is perfect for entertaining family and friends, enjoying your morning coffee, or unwinding with a glass of wine as the sun sets. Offering a seamless extension of the living area, it delivers a level of outdoor space and lifestyle rarely found in apartment living.

Read the full description

Positioned on the edge of Perth's vibrant CBD and the beautiful Swan River, you'll enjoy the very best of urban convenience and riverside serenity. Scenic walking and cycling trails, popular cafes, restaurants, shopping precincts and excellent public transport are all just moments from your doorstep, making everyday living effortless. Whether you're searching for a stylish home to move straight into or a quality investment in one of Rivervale's premier lifestyle locations, this exceptional top-floor residence delivers the perfect combination of luxury, comfort and convenience.

Offering an enviable riverside lifestyle with the very best of Perth at your fingertips, this is a home you'll be proud to call your own...

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

• Top floor boutique apartment

• 2 bedrooms, 2 bathrooms

• Neutral & modern design & fittings

• Easy care roller blinds throughout

• Stunning timber like flooring throughout with carpets to bedrooms

• Surface mounted LED downlights

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

• Modern kitchen with stainless steel BOSCH appliances, dishwasher, stone benchtops, breakfast bar, abundance of storage throughout, soft close cabinetry, overhead cabinets, built in pantry & shelving unit

• Generous sized main suite includes TOSHIBA reverse cycle air conditioner + ceiling fan, private balcony access, room adjoining to walk in robe leading to ensuite bathroom, custom walk in wardrobe cabinetry with an abundance of storage throughout

• Sleek neutral toned ensuite bathroom with large shower, vanity with stone benchtop and ample storage, toilet

• Second bedroom includes floor to ceiling mirrored built in robes + ceiling fan

• Main bathroom/laundry includes large shower, vanity with stone benchtop and ample storage, toilet wash trough with storage

• Seamless indoor to outdoor flow from living area to balcony + main bedroom

• HUGE undercover balcony with separate alfresco includes glass paneled screening - 32m2

• Alfresco includes by-fold shutter doors to enclose the space or open it to the outdoors as desired

• Single car bay with remote security gate access - 13m2

• Lockable storeroom adjacent to apartment - 5m2

• 68m2 internal living size

• Built 2015

• Swimming pool, gym, BBQ area

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 restaurants, 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.