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112 / 48 Riversdale Road, Rivervale WA 6103

$1M

Search Band Search Visibility Band

$1M - $1.5M High Confidence Calculated based on strong search observations.

Apartment 2 Beds 2 Baths 2 Cars 121 m²

Listed: 10th Jun 2026

Updated: 31 days ago

Overview

Experience an exceptional lifestyle at the prestigious Parallel Riverfront landmark with this exquisite apartment featuring two bedrooms, two bathrooms, and two secure car bays. This property offers not only a comfortable home but also a valuable investment opportunity in one of the city's most sought-after riverfront locations.

The residence is designed to impress, showcasing a spacious master bedroom and expansive living areas that provide a blend of comfort and elegance. The stunning river and park views are highlighted by full-height double-glazed glass walls and enhanced by extra-high ceilings, creating a harmonious connection between natural beauty and modern living.

Interior Features:

Expansive balconies with uninterrupted views of the Swan River and surrounding parklands.
Bright and airy living spaces accentuated by elevated ceilings.
Modern kitchen equipped with stone benchtops and premium appliances, including a dishwasher and oven.
Quality finishes such as installed curtains and a built-in storage cabinet in the living room.
Fully ducted Daikin reverse cycle air conditioning for year-round climate control.
Convenient European laundry, video intercom system, and internal NBN connection.

Investment and Building Highlights:

Constructed to owner-occupier standards, ensuring high-quality build and proven local returns for investors.
Secure parking with two dedicated car bays and a 4 sqm storage room.
Comprehensive security measures including CCTV throughout common areas and a secure mailroom.
A well-managed and respectful community atmosphere.

Resort-Style Amenities:

Infinity pool and rejuvenating spa.
Well-equipped gym facilities.
Outdoor BBQ lounge area for social gatherings.

Prime Location:

Just meters from the Swan River and Cracknell Jetty.
Close proximity to local shops, transport, and entertainment options.
Approximately 80 meters to Swan River and Cracknell Jetty.
About 600 meters to local IGA and shops.
Approximately 850 meters to Burswood Train Station.
1.8 kilometers to Crown Entertainment Complex.
2.8 kilometers to Victoria Park Cafe Strip.
3.1 kilometers to Optus Stadium.
4.8 kilometers to Perth CBD.
6.4 kilometers to Curtin University.

Rates and Levies:

Water rates approximately $1,262 per annum.
Council rates approximately $1,974 per annum.
Strata levies approximately $1,593 per quarter, inclusive of administration and reserve fund.

This apartment offers a unique opportunity to secure a premium riverside lifestyle in a highly desirable location. The combination of luxurious features, resort-style amenities, and excellent investment potential makes this property a standout choice for discerning buyers.

Please note that the images provided are for illustrative purposes only. The information has been prepared with care but is subject to change without notice and does not form part of any offer or contract. Prospective buyers are encouraged to conduct their own independent investigations and inquiries to verify all details.

Local Market Insights

In Rivervale, Quiet Listings observed 23 new apartments entering the market over the last 30 days, unchanged from 23 in the prior period, with an average advertised asking price of $607,783. The property type mix of listed properties is predominantly Apartments at 56%, followed by houses (20%), and units (10%). The most active agency for apartments in the Rivervale area is currently Ray White, representing 17% of new listings, followed by Cyber Real Estate with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.