116/48 Riversdale Road, Rivervale, WA 6103 | Apartment for sale | OnTheHouse
 
FOR SALE
$950,000

116/48 Riversdale Road
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
Land area: 127m2
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Unrivaled Riverside Luxury!

Welcome to an apartment that offers more than just a view—it offers a lifestyle of tranquility and prestige. Nestled within the iconic Parallel Riverfront landmark, this stunning 2-bedroom, 2-bathroom residence with 2 secure car bays presents a rare opportunity to secure a valuable asset in one of the city's most coveted locations.
From the moment you step inside, the grandeur of riverside living takes over. The airy interiors, accentuated by extra-high ceilings and expansive full-height double-glazing glass walls, frame the breathtaking panorama of the Swan River and parklands. This seamless integration of natural beauty and modern design creates a sanctuary of light and space.
Step Inside: A Home Defined by Light and Space
• Breathtaking Panoramic Views: The living area and expansive balcony are oriented to capture the stunning river and park outlook.
• Impressive Architectural Detailing: Enjoy the sense of volume created by elevated ceilings and floor-to-ceiling windows.
• Modern Gourmet Kitchen: A chef's delight, featuring stone benchtops, quality appliances including a dishwasher and oven, and abundant storage.
• Quality Finishes Throughout: Includes quality installed curtains, a built-in storage cabinet in the living room, and a dedicated European laundry.
• Year-Round Comfort: Fully ducted Daikin reverse-cycle air conditioning ensures the perfect temperature in every season.
The Smart Investor’s Dream: Unmatched Returns & Security
Parallel was designed and built with discerning owner-occupiers in mind, which means the quality of construction and finish is second to none. You’re not just buying an apartment; you’re investing in a highly desirable asset.
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Property Details for 116/48 Riversdale Rd, Rivervale

116/48 Riversdale Rd, Rivervale is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 127m2 and floor size of 81m2. The place is currently for sale with Heritage Realty.

Building Type
Apartment
Floor Size
81m2
Land Size
127m2
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About Rivervale 6103

The size of Rivervale is approximately 3.3 square kilometres. There are 15 parks, covering nearly 3.2% of the total area. The population of Rivervale in 2016 was 10366 people. By 2021 the population was 10897 showing a population growth of 5.1% in the area during that time. The predominant age group in Rivervale is 30-39 years. Households in Rivervale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivervale work in a professional occupation.In 2021, 44.70% of the homes in Rivervale were owner-occupied compared with 43.80% in 2016.

Rivervale has 6,951 properties. Over the last 5 years, Houses in Rivervale have seen a 78.71% increase in median value, while Units have seen a 86.09% increase. As at 31 August 2026:

  • The median value for Houses in Rivervale is $1,096,308 while the median value for Units is $688,620.
  • Houses have a median rent of $778 while Units have a median rent of $700.
There are currently 54 properties listed for sale, and 22 properties listed for rent in Rivervale on OnTheHouse. According to Cotality's data, 386 properties were sold in the past 12 months in Rivervale.

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Sharon Zeng
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Aiden Gatani
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Heritage Realty
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