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.
For sale
For sale
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
No recorded sale price for this property yet.
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Realestate 88 East Perth- BUILT IN 2024, STILL FRESH!
- LUXURY UPGRADED FEATURES
- READY TO MOVE IN / LEASE OUT
- RESORT STYLE FACILITIES
You walk in and everything just feels new — because it is. Built in 2024, this home is only two years old, so the look is modern, the finishes are fresh, and the space feels easy to live in.
As you settle in, you start noticing the difference. This isn't the usual two-bedroom in the complex. The luxury upgrades give it a more polished, higher-end feel — the kind of place that stands out without trying too hard.
The best part is how simple it is. It's ready now: move straight in and enjoy it, or lease it out immediately if you're looking for a clean, low-fuss investment.
And when you're not inside, the lifestyle continues. With resort-style facilities on offer, everyday routines feel lighter — a quick swim, a quiet unwind, and the sense that home is more than just four walls.
Near-new, upgraded, and ready to go — this is "The Point 1509", the riverside living with a little extra shine.
Property At a Glance:
- 15th-floor apartment in The Point Spring Residences (built 2024)
- East-facing with hill views from both bedrooms, the living area and balcony
- Generous 20sqm private balcony with water tap and power points
- Stylish modern kitchen with sleek glass splashback
- Upgraded Siemens appliances: microwave, dishwasher, induction cooktop
- Motorised blinds throughout
- Hybrid flooring throughout the living area and both bedrooms
- Master bedroom with walk-in robe
- Full-height tiling to the ensuite and second bathroom
- Reverse-cycle air conditioning with smart WiFi control
- Keyless entry for easy, secure access
- Secure car bay plus a large 6sqm storeroom
- Resort-style facilities including a 23m heated pool, outdoor BBQ area, gym, sauna and steam room
- NBN-ready connectivity—ideal for work-from-home setups
Strata Areas & Outgoings:
- Internal 70sqm, Balcony 20sqm, Car Bay 14sqm, Storeroom 6sqm, Total 110sqm
- Council Rates: $2196 p.a
- Water Rates: $1300 p.a
- Strata Levies: $987 p/q (admin + reserve)
Enjoy resort-style living with standout resident facilities, starting with a grand lobby entrance plus smart parcel lockers and intercom access for everyday convenience. Take a dip in the 23m heated pool, unwind in the poolside cabana, host friends at the BBQ area or in the residents' lounge, and stay active in the fully equipped gym while kids enjoy the play area. Round it out with a sauna and steam room, all set within landscaped grounds, with secure parking, CCTV, and NBN-ready connectivity for comfort and peace of mind.
Set in a prime Rivervale location, this home puts you close to Optus Stadium, Crown Resort & Casino, and the dining and café scene of Victoria Park, with easy access to the Perth CBD and Perth Airport. Enjoy local favourites just steps away — W XYZ Bar, 450 Pizza, Springs Kitchen, and The Sushi 2016 — plus Cracknell Park nearby, with Crown, Burswood Park, and the stadium only minutes from your door.
Call Terry Lu today on 0410 213 027 for more information or to arrange a private inspection.
DISCLAIMER:
Computer generated virtual furniture has been used in this advertisement. 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.