Rivervale Suburb Profile
Quick Stats
Postcode: 6103
Population: 10,366
Medium Price: $633,500
Medium Rental Per Week: $500
Rivervale Perth – Uncovering the Charm
Nestled along the banks of the majestic Swan River, Rivervale is a serene and lively suburb of Perth that offers residents an ideal mix of modern amenities amidst stunning natural beauty. Known for its friendly community atmosphere and prime location, this vibrant suburb has grown to be one of the favoured choices for families, professionals, and investors alike. In this blog, we invite you to explore Rivervale, where you’ll discover its unique features, current property market trends, and everything else that makes it an irresistible place to call home.
Rivervale enjoys an outstanding location just 5 kilometres east of the bustling Perth, making it a sought-after area for those seeking a balance between urban convenience and suburban tranquillity. Its riverside setting provides ample opportunities for outdoor enthusiasts who love walking, cycling, or picnicking along the picturesque network of parks and reserves, while attractions such as the Crown Entertainment Complex or Optus Stadium are only a stone’s throw away.
What’s the current medium price for a property in Rivervale?
The Rivervale property market is characterized by robust demand and competitive growth rates. As of September 2021, the median price for houses in Rivervale sits at $633,500. reflecting an annual growth rate of 5.8%. For those looking to invest in units, the median price stands at $370,000. These figures are indicative of strong capital gains potential on both house and unit offerings in this increasingly desirable location. Find properties for sale in Rivervale here.
Houses to Rent in Rivervale
Given its strategic position near key employment hubs and universities, it’s unsurprising that there is consistently high demand for rental properties in Rivervale. The suburb currently has a number of rental properties available – spanning over different price ranges and property types – catering to varying lifestyles and budgets.
Rivervale prides itself on being a family-oriented suburb, boasting a number of excellent schools within its boundaries. Rivervale Primary School, Carlisle Primary School, and Ursula Frayne Catholic College cater to students from kindergarten to year six, while high school students can attend the nearby Belmont City College or private school’s Trinity College or Mercedes.
The area offers diverse transport connections that make commuting a breeze. Residents can make use of an extensive network of bus routes, including the Circle Route and CAT buses servicing both Perth and Victoria Park. Additionally, the Burswood and Claisebrook train stations are a short drive away – opening up easy access to the wider Perth metropolitan area.
At Verse Property, we are a team of Perth property sales, real estate and property management specialists. We have successfully assisted people to sell and rent their homes in the Rivervale area for many years. You are welcome to contact us at anytime for further details about Rivervale and for the very latest Perth real estate market information.
Contact our Rivervale real estate agents on 9361 8999 for more information about our real estate sales and property management services.