503/7 Washington Ave, Riverwood is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 4553m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
This stunning two-bedroom apartment seamlessly blends modern design with urban convenience, delivering the perfect setting for a comfortable and low-maintenance lifestyle. Designed with functionality and aesthetics in mind, the apartment features a thoughtful layout that maximises natural light and ensures smooth transitions between living areasideal for both relaxation and entertaining.
Nestled in the highly regarded Washington Park by Payce, the property is surrounded by beautifully landscaped parks, tranquil lakes, and lush greenery.
Its prime location provides unparalleled access to shops, dining options, and public transport, making it an exceptionally convenient and accessible home.
Key Features:
Two spacious bedrooms, each with built-in wardrobes for ample storage.
Functional floor plan with high ceilings and well-separated rooms for privacy.
Bright and sunlit living and dining areas with seamless indoor-outdoor flow.
Gourmet kitchen equipped with premium appliances, granite benchtops, and a built-in breakfast bar for added versatility.
Master bedroom with en-suite access to the stylish main bathroom.
European-style laundry with a dryer and a fully air-conditioned lounge.
Secure complex featuring intercom access and lift service.
Secure basement parking with two oversized side-by-side spaces
Landscaped communal gardens and serene outdoor spaces for residents.
Prime Location Highlights:
Situated in the heart of Washington Park, surrounded by vibrant amenities.
Close proximity to shops, cafes, and essential services.
Easy access to public transport, including Riverwood train station within walking distance.
Conveniently located near major motorways for seamless connectivity.
Approximate Outgoings:
Strata Levies: $931 per quarter
Council Rates: $411 per quarter
Water Rates: $179 per quarter
This exceptional apartment offers a perfect balance of modern living and urban convenience, making it a standout choice for both homeowners and investors alike.
The size of Riverwood is approximately 3.8 square kilometres. There are 22 parks, covering nearly 23.8% of the total area. The population of Riverwood in 2016 was 12103 people. By 2021 the population was 12793 showing a population growth of 5.7% in the area during that time. The predominant age group in Riverwood is 30-39 years. Households in Riverwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverwood work in a professional occupation.In 2021, 42.20% of the homes in Riverwood were owner-occupied compared with 43.50% in 2016.
Riverwood has 5,673 properties. Over the last 5 years, Houses in Riverwood have seen a 18.85% increase in median value, while Units have seen a 13.66% increase. As at 31 July 2026:
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