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
1
Bedrooms
1
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 Stratton RealtyEnjoy spacious, low-maintenance apartment living in a recently refurbished complex, perfectly positioned in one of Rivervale's most convenient riverside locations.
Imagine coming home to a secure, well-located residence offering resort-style facilities, generous living spaces and easy access to the Swan River, Crown Perth, Perth CBD and the airport. Whether you are looking for a comfortable home, an investment property or a potential lock-and-leave lifestyle, this apartment offers an excellent combination of convenience, amenity and location.
Forget the upkeep of large gardens and oversized blocks. Here, you can enjoy a relaxed apartment lifestyle with everything you need close at hand.
Apartment Features:
-Generously sized one-bedroom apartment
-Spacious bathroom
-Bamboo timber flooring
-Stone benchtops
-Well-equipped kitchen
-Practical internal laundry area
-High ceilings
-Generous balcony ideal for outdoor living and entertaining
-Approx. 60sqm internal living area (architectural measurement)
-Approx. 12sqm balcony (architectural measurement)
-Currently leased to quality tenants
-Current lease expires September 2026
-Resort-Style Complex
-This architecturally designed five-storey development comprises just 86 boutique apartments and is positioned only metres from the Swan River.
The complex offers an impressive range of facilities designed for comfortable, low-maintenance living, including:
-Solar-heated swimming pool, allowing for extended seasonal use
-Outdoor alfresco area with BBQ facilities
-Resort-style swimming pool area
-Fully equipped gymnasium
-Boutique five-level development with only 86 apartments
-Larger-than-average balconies
-Commercial-grade window and door frames
-Solid party walls designed to provide quieter apartment living
-Large residential solar power system helping improve the building's long-term efficiency
-Approximately 7 minutes to Perth CBD and Northbridge via the freeway
Outstanding Location
Enjoy the convenience of being close to some of Perth's best lifestyle, shopping and entertainment destinations:
-Swan River & Cracknell Park - approx. 210m
-Burswood Train Station - approx. 1.3km
-Crown Perth Entertainment Complex - approx. 1.5km
-Optus Stadium - approx. 3km
-Belmont Forum Shopping Centre - approx. 4.2km
-Perth CBD - approx. 6.2km
-Perth Airport - approx. 6.8km
With the river virtually on your doorstep and major transport links, shopping, entertainment and employment hubs all nearby, this is an excellent location for both owner-occupiers and investors.
Approximate Outgoings:
-Strata fees: approx. $1,195 per quarter
-Special levy and reserve contribution: approx. $790 per quarter
(relating to the full refurbishment of the building and expected to conclude soon - rebated)
-Council rates: approx. $1,660 per annum
-Water rates: approx. $1,092 per annum
Investment Opportunity
The apartment is currently leased to quality tenants until September 2026, making it an attractive option for investors seeking an established tenancy in a well-located development. Other leased units may also be available within the complex. Investors are encouraged to enquire regarding additional opportunities.
For further information or to arrange an inspection, please contact:
Ginette Tan - 0425 365 578 or Kai Ng - 0475 858 798
Disclaimer:
The photographs used in this advertisement are display images of a similar apartment within the complex and do not depict the exact layout of 57/2 Rowe Avenue, Rivervale. They are provided as a general representation of the outlook and quality of finishes within the development. As the apartment is currently tenanted, photographs from a similar unit have been used. Prospective buyers are encouraged to inspect the property personally to confirm the layout, features and condition.
Listing description written by Kai Ng, Stratton Realty — reproduced as published, not verified by Districts.