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WA › Rivervale › Rowe Ave

U82, 20 Rowe Ave, Rivervale WA 6103

For saleApartment

$539,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $539,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $539,000(Listing record · 15 July 2026)
  • CalculationAsk is 52% 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 6.83% — 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

$539,000

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

-51.6%

Median sale

Suburb $1,112,750

+3.52 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
$539,000
Stamp Duty (Western Australia)
$19,618
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
$562,543

$23,543 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
5.33%
Annual cashflow (pre-tax)
$703
Interest cover (DSCR)
1.03
Annual rent
$36,816
Operating expenses
$8,085
Loan amount
$431,200
Annual interest
$28,028
Gross yield
6.83%

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$539,000available15 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. 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 6.8%. 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 Stratton Realty

Stylish City-Fringe Apartment with Resort-Style Facilities

Offering an exceptional combination of lifestyle, convenience, and modern comfort, this beautifully presented apartment provides a fantastic opportunity to secure a quality residence in one of Perth's most connected city-fringe locations.

Located within the sought-after Ace Apartments complex, this fully furnished one-bedroom apartment offers a low-maintenance lifestyle with contemporary finishes, a functional layout, and access to impressive resident amenities.

Positioned on the fourth floor, the apartment enjoys a peaceful outlook over established greenery and the complex pool. The private balcony, complete with a feature timber recessed ceiling, provides the perfect space to enjoy your morning coffee, unwind after work, or entertain guests.

Read the full description

Apartment Features

* Spacious open-plan living, dining, and kitchen area with high ceilings

* Dedicated study nook ideal for working from home

* Stylish contemporary interiors with quality fixtures and finishes

* Feature wallpaper adding character to the living area

* Reverse cycle air conditioning for year-round comfort

* Modern kitchen featuring Bosch stainless steel appliances, dishwasher, stone benchtops, built-in microwave recess, and ample storage

* Samsung fridge/freezer included

* Generous bedroom with floor-to-ceiling mirrored built-in robes

* Contemporary bathroom with frameless glass shower, floating vanity, mirrored cabinetry, and recessed shelving

* European-style laundry with Haier washing machine and Fisher & Paykel dryer

* Seamless indoor-outdoor flow from the living area to the balcony

* Private balcony with glass screening overlooking greenery and the complex pool

* Secure single car bay with remote access

* Lockable private storeroom

* Approx. 51sqm internal living area

* Currently leased at $620 per week until 5 October 2026

Resort-Style Resident Facilities

Enjoy access to a range of quality amenities designed for modern living:

* Swimming pool

* Fully equipped gymnasium

* BBQ and outdoor entertaining areas

* Secure building access with remote/fob entry

* Well-maintained complex with quality common areas

Prime City-Fringe Location

Perfectly positioned to enjoy the best of Perth's lifestyle destinations:

* Approx. 700m to Eastgate IGA, takeaway options, gym, and medical facilities

* Convenient access to public transport along Great Eastern Highway

* Approx. 2km to Crown Perth and Optus Stadium

* Approx. 5km to Belmont Forum Shopping Centre and Reading Cinemas

* Approx. 5km to Perth CBD

* Approx. 7km to Costco, DFO, and Perth Airport

Currently leased at $620 per week with a fixed-term tenancy in place until 5 October 2026, this apartment presents an excellent opportunity for investors seeking secure rental income, while also offering future flexibility for owner-occupiers.

Whether you are looking for a smart investment, a convenient city-fringe lifestyle, or a quality apartment in a well-connected location, this property is not to be missed.

For more information or to arrange a viewing of this property, please contact Moon Liao on 0451 633 330

Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate; however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

Listing description written by Moon Liao, Stratton Realty — 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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