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Location

Market Insights for Rivervale WA 6103

New Listings (last 30 days)

Average price

$590,582

Lowest price

$200,000

Highest price

$1,000,000

6/5 Rowe Avenue, Rivervale WA 6103

$500Ks

Search Band

$450k - $500k High Confidence Calculated based on strong search observations.

Apartment 1 bed 1 bath 1 car 109 m²

Listed: 10 days ago

Updated: 8 hours ago

Overview

This ground-floor apartment, built in 2020, combines modern design with excellent functionality, ideal for comfortable resort-style living. Its generous private courtyard of 44 square metres, accessible directly from the street, provides a rare blend of indoor-outdoor living perfect for entertaining or enjoying sunny winter days.

The apartment comes fully furnished, presenting a turnkey investment opportune for tenants immediately. The bedroom benefits from ample natural light and storage, enhancing the sense of space and practicality. The sleek, contemporary bathroom features high-end fixtures including floor-to-ceiling tiles and a glass shower screen, ensuring a luxurious daily living experience.

The open-plan kitchen, dining, and lounge areas flow seamlessly into the courtyard, creating a cohesive living space optimized for both relaxation and social occasions. The kitchen itself includes modern appliances, a built-in microwave recess, stone benchtops, and soft-closing cabinetry, all designed to meet contemporary lifestyle needs.

Residents enjoy exclusive access to resort-style amenities such as a spacious common room with dining and kitchen facilities, a pool table, air conditioning, a well-equipped gym, a sunny sun lounge, a BBQ area, and a swimming pool. This array of facilities supports wellness, entertainment, and social interaction without leaving the complex.

Situated in a prime location, the property benefits from proximity to the Swan River, Perth Airport, Burswood Entertainment Centre, Optus Stadium, and the Perth CBD, making it appealing to professionals and investors seeking connectivity and lifestyle balance.

Security features include surveillance cameras, secure building access, and a lockable storeroom. The apartment has a current rental lease in place until April 2027, with tenants paying $600 per week, ensuring immediate rental income for investors.

Local Market Insights

In Rivervale, Quiet Listings observed 22 new apartments entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $590,582. The property type mix of listed properties is predominantly Houses at 39%, followed by apartments (39%), and townhouses (12%). The most active agency for apartments in the Rivervale area is currently Bourkes, representing 64% of new listings, followed by Ray White with 14%. 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.