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12/1 Hallam Way, Rivervale WA 6103

SUITS BUYERS IN THE $500,000's

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$500k - $550k High Confidence Calculated based on strong search observations.

Apartment 1 Bed 1 Bath 1 Car 85 m² 50 m²

Listed: yesterday

Updated: 12 hours ago

Overview

Located in Rivervale’s popular urban precinct of The Springs, this modern one-bedroom apartment offers a lifestyle of convenience and security suited to first-home buyers, professionals, and investors. The Collective's sleek design ensures a contemporary living experience with low maintenance demands, making it an ideal city base or rental investment.

The apartment features a cleverly designed open-plan living space with hybrid timber-look flooring that enhances the sense of space and warmth. The kitchen is well-equipped with stone benchtops, a tiled splashback, gas cooktop, separate oven, integrated rangehood, dishwasher, and ample cabinetry, combining functionality with stylish finishes.

A generous covered balcony extends the living area outdoors, creating a sheltered retreat perfect for relaxation or casual entertaining. This space benefits from natural airflow and weather protection, adding to the comfort and appeal of the home. Additionally, a Euro laundry is conveniently placed outside to optimize internal space.

The comfortable bedroom has plush carpeting and a walk-in wardrobe, while the adjoining bathroom includes a shower, vanity, and toilet finished to a modern standard. Air-conditioning, quality window treatments, and contemporary lighting fixtures further enhance the apartment's livability.

Security is assured with controlled access, a dedicated single-car parking bay with remote entry located in the basement, and a separate lockable storeroom, providing practical storage and peace of mind.

The Springs precinct offers residents access to communal barbecue facilities and proximity to shops, cafes, and entertainment. Outdoor enthusiasts will appreciate nearby Cracknell Park and the scenic Swan River for walking and recreation.

Transport connections are excellent, with easy access to Perth Airport, Ascot Racecourse, Crown Entertainment Complex, Optus Stadium, and major roads all within reach, ensuring seamless commuting to Perth CBD and beyond.

For investors, the apartment is currently leased until July 2027 with a weekly rental income of $660, presenting an immediate return in a sought-after location. This property balances lifestyle and investment potential with contemporary urban living.

Whether entering the market or seeking a convenient city-based home or investment, this apartment delivers a secure, stylish, and practical choice within a thriving riverside community.

Local Market Insights

In Rivervale, Quiet Listings observed 18 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 $634,944. The property type mix of listed properties is predominantly Apartments at 55%, followed by houses (18%), and units (9%). The most active agency for apartments in the Rivervale area is currently Banovich Hillman, representing 17% of new listings, followed by Ljhooker with 11%. 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.