TOP FLOOR APARTMENT IN ARCHITECTUALLY DESIGNED DEVELOPMENT

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48/1 Hallam Way, Rivervale WA 6103

$550,000 - $580,000

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$550k - $578k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car

Listed: 3 days ago

Overview

This top floor apartment, part of the architecturally designed 'The Collective' development by Hillam Architects & Edge Visionary Living, offers a superior interior that surpasses typical one-bedroom apartments in this price range. Ideally positioned near the Swan River and within easy reach of Perth Airport and the CBD, the location promises convenience and lifestyle benefits.

The property is a great option for FIFO workers seeking a lock-and-leave residence, investors targeting a central location, or downsizers desiring a low-maintenance home. The open-plan living area is air-conditioned and flows onto a private balcony, creating a spacious and comfortable living environment. Modern LED lighting and shadow line cornices add a refined touch throughout.

A full-sized kitchen features a breakfast bar, gas cooking, a waterfall stone bench top, a dishwasher, and excellent built-in storage, enhancing functionality and aesthetic appeal. The bedroom is also air-conditioned and includes mirrored built-in robes, while the semi-ensuite bathroom offers a walk-in shower with floor-to-ceiling tiles for a modern, sophisticated feel. A concealed European-style laundry adds to the efficient use of space.

Security and community are well catered for with cameras on common property and communal BBQ facilities with an outdoor area on level 1, ideal for social gatherings. Additional practical features include one secure car bay and a lockable store room.

The location is well served by local amenities and transport, including nearby popular eateries, supermarkets, medical centre, and gym facilities. Recreational spots like Cracknell Park and the Swan River cycle paths are within walking distance. Key landmarks such as Optus Stadium, Belmont Forum, Crown Casino, and Rivervale Primary School lie within a short drive, with excellent connectivity via bus stops and Burswood Train Station close by.

Local Market Insights

In Rivervale, Quiet Listings observed 20 new apartments entering the market over the last 30 days, down from 24 during the previous 30-day period, with an average advertised asking price of $605,200. The property type mix of listed properties is predominantly Apartments at 57%, followed by houses (17%), and units (9%). The most active agency for apartments in the Rivervale area is currently Banovich Hillman, representing 15% of new listings, followed by Cyber Real Estate with 15%. 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.