16/56 Riversdale Road, Rivervale, WA 6103 | Property Value & History | OnTheHouse
OFF MARKET

16/56 Riversdale Road
Rivervale WA 6103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 61m2
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Property Details for 16/56 Riversdale Rd, Rivervale

16/56 Riversdale Rd, Rivervale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 61m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1975
Floor Size
61m2
Land Size
61m2
Local Government
Belmont
Lot/Plan
16/S003020

Last Listing description (September 2023)

Expressions of Interest - Offers Closing on Tuesday, July 4, 2023, at 5 pm
(Buyers guide - Offers over $299,000)

Renovated ground floor 2-bedroom apartment, boasting a stunning $20k upgrade. This spacious abode offers the perfect opportunity for new owners to move in hassle-free and start enjoying their new space immediately.

Nestled along the serene Swan River, adjacent to Cracknell Park with its charming children's playground and scenic bench seating overlooking the water, this property provides an idyllic and tranquil outdoor environment. Spend your leisurely afternoons reading a book while watching your children play, all within reach of your own home. For outdoor enthusiasts, a convenient pathway adjacent to the complex leads directly to a cycling path and picturesque walkways, as well as a fishing jetty for leisurely angling. Embrace the lock-and-leave lifestyle you've been longing for!

This apartment also presents an excellent investment opportunity, with a projected rental income of $425 per week.

The renovations within the apartment include:
* Removal of a wall between the kitchen and lounge, creating a spacious open plan area with an engineered steel support feature. The blend of warehouse and modern features adds a touch of sophistication to tantalize your senses.
* Renovated kitchen with light-colored finishes, soft-closing cupboards and drawers, and an electric glass top stove.
* Upgraded bathroom featuring new floor tiles, a hand basin, and a vanity.
* Laminate plank flooring throughout, complemented by fresh wall and ceiling paint.

Key features of the apartment:
* Open plan kitchen with ample cupboards, benchtops, and a large fridge space. The movable island bench provides flexibility for meals.
* Spacious lounge/kitchen/dining area that seamlessly flows onto a wooden decked patio
* Two generously sized bedrooms, with the main bedroom boasting mirrored robes. (2nd bedroom digitally displayed)
* Large main bathroom/combined laundry with a separate toilet.
* Neutral colours, with laminate plank flooring throughout, creating a warm and inviting ambiance.
* Kitchen/lounge areas equipped with a air conditioning unit
* Security doors at the front and back entrances, ensuring peace of mind.
* Dedicated secure parking bay with remote access, conveniently undercover. The apartment is also wheelchair-friendly, providing easy access.
* NBN connectivity for fast and reliable internet access.

The well-managed strata complex offers secure gated parking and is ideally situated on the Swan River within the Springs redevelopment. Enjoy excellent freeway access and a cycleway leading to the city right at your doorstep. The apartment complex occupies a prime location between the city and the domestic and international airports, with close proximity to the Belmont Shopping Centre, which hosts a wide range of eateries, cinemas, and other retail establishments. Additionally, the nearby Eastgate shopping complex provides further shopping options and includes a gymnasium.
This property is perfectly suited for investors, downsizers seeking a stair-free lifestyle, FIFO workers, lock-up-and-leave enthusiasts, and first-time buyers.

Location highlights:
* 2km to Crown Casino
* 900 m to Burswood train station
* 2.9km to Optus Stadium
* 6.3km to Perth CBD
* 10.9km to Perth International Airport
* 4km to Belmont Forum
(All sizes, distances, or measurements are approximate)
Additional information:

OUTGOINGS:
Shire rates: $1,265.62 per annum
Water rates: $820.70 per annum
Strata administration fee: $500 per quarter
Strata reserve fund: $100 per quarter

For a private viewing, please contact Michael Sheppard at 0433 275 080

Property History for 16/56 Riversdale Rd, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$300,000
06 Jul 2023
Listed for Rent
$290/w
09 Jan 2017
  • 06 Jul 2023
    Sold for $300,000
  • 21 Jun 2023
    Listed for Sale Not Disclosed
  • 09 Jan 2017
    Listed for Rent - Price not available
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About 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 6,933 properties. Over the last 5 years, Houses in Rivervale have seen a 98.64% increase in median value, while Units have seen a 82.37% increase. As at 31 December 2025:

  • The median value for Houses in Rivervale is $1,048,271 while the median value for Units is $638,758.
  • Houses have a median rent of $750 while Units have a median rent of $670.
There are currently 37 properties listed for sale, and 17 properties listed for rent in Rivervale on OnTheHouse. According to Cotality's data, 460 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.