10/1 Minora PlaceRivervale WA 6103
Property Details for 10/1 Minora Pl, Rivervale
10/1 Minora Pl, Rivervale is a 1 bedroom, 1 bathroom Unit and was built in 1968. The property has a land size of 47m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (June 2020)
More Offers Wanted! Ideal for investors, we have priced this property to move quickly, it's the cheapest property in the area!Part of the Burswood Lodge complex, a long established short stay, motel complex between the city, river & airport. It's leased to the complex operators at $800 per calendar month, that's a 8.5% return!The perfect opportunity for smart investors to buy now at heavily discounted prices in today's market and benefit from the great returns on offer.Located just of Great Eastern Hwy, only 100 meters from the Swan River Foreshore, and adjacent to the Springs redevelopment. Walking distance to local shops, cafes, bus stops & the Burswood train station. Well maintained group of 26 units, this apartment is a large 47sqm in size, has a split system air conditioner and its own balcony. Its an end unit, so has only one common wall (living area) for extra privacy.Council $1,275Water $1,262Strata $479 qtr.Even after the outgoings, the return is still over 4.5%, compared to cash in the bank this is an easy investment decision.The easiest of easy care investments, there is nothing for you to do, just sit back and watch the rent coming in. Russell White 0419 903 598 russell@parkproperty.com.au
Property History for 10/1 Minora Pl, Rivervale, WA 6103
- 30 Apr 2020Sold for $110,000
- 28 Oct 2019Listed for Sale Offers Over $109,000 +
- 01 Nov 2016Listed for Sale From $149,000
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0About Rivervale 6103
The size of Rivervale is approximately 3.3 square kilometres. It has 15 parks covering nearly 3.2% of 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 6,942 properties. Over the last 5 years, Houses in Rivervale have seen a 95.22% increase in median value, while Units have seen a 96.42% increase. As at 28 February 2026:
- The median value for Houses in Rivervale is $1,108,215 while the median value for Units is $681,790.
- Houses have a median rent of $750 while Units have a median rent of $680.
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