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WA › Rivervale › Rowe Ave

U1, 20 Rowe Ave, Rivervale WA 6103

For saleApartment

$599,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 31 July 2026)
  • CalculationAsk is 46% 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 6.15% — 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

$599,000

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

-46.2%

Median sale

Suburb $1,112,750

+2.84 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
$599,000
Stamp Duty (Western Australia)
$22,468
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
$625,393

$26,393 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
4.65%
Annual cashflow (pre-tax)
$-3,317
Interest cover (DSCR)
0.89
Annual rent
$36,816
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
6.15%

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$599,000available31 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 6.1%. 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 Rowe Ave →

Listing material

Listed by Realestate 88 East Perth

A Cleverly Reimagined Apartment with Rare Flexibility

- More Than a One-Bedroom

- Practical layout designed to maximise space

- Vacant, ready to move in or lease out

Read the full description

- Value greater than price, act quickly

Discover an extraordinary one-bedroom apartment that delivers far more than expected. This thoughtfully modified residence offers a smart and highly functional floorplan, creating an impressive sense of space, versatility, and lifestyle appeal.

What truly sets this apartment apart is the cleverly designed separate additional room — a rare and valuable feature that gives buyers the flexibility to live exactly the way they want. Whether used as a second bedroom, home theatre, private home office, guest room, second living area, or creative retreat, this extra space transforms the apartment into something genuinely unique.

The main living area is inviting and practical, offering a comfortable setting for everyday living and entertaining. For first-home buyers, downsizers, investors, FIFO workers, or professionals seeking low-maintenance convenience without compromising on space, this apartment is an exceptional opportunity.

Stylish, flexible, and surprisingly spacious, this is not your standard one-bedroom apartment — it is a cleverly enhanced home with room to adapt, work, relax, host, and grow.

Property At a Glance:

- Ground level, in 2015 built "ACE" boutique complex

- Open-plan living area, clevely and pratically modified

- Additional space can be used as 2nd bedroom, separate living, or home office

- Floorboards and high ceilings throughout

- Well-appointed kitchen with long breakfast bar and ample storages

- Stainless-steel dishwasher, and integrated electric cooking appliances

- Spacious bedroom with triple mirrored built-in robes with huge spaces

- Separate bathroom featuring a hidden European-style laundry

- Modern design with stylish tiling and cabinetry

- Split-system reverse-cycle air conditioning

- Separate storage room near the enry of apartment

- Stunning pool and common entertaining area

- Well-equipped gym

Strata Areas & Outgoings:

- Internal 61sqm, Balcony 9sqm, Car Bay 13sqm, Storeroom 4sqm; Total 87sqm

- Council: $1,819 p/a (City of Belmont)

- Water: $1,049 p/a

- Strata Levies: TBA (Please contact agent for more info)

Set in the increasingly sought-after suburb of Rivervale, the location places you close to the Swan River, Crown Perth, Optus Stadium, local cafés, shops, public transport, and easy access to the Perth CBD and airport. It is a lifestyle address that offers both convenience and strong long-term appeal.

Call Terry Lu today on 0410 213 027 for more information, or to arrange private inspection.

DISCLAIMER:

All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.

Listing description written by Terry Lu, Realestate 88 East Perth — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Gym
  • Study
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.