Seize this rare opportunity to secure a versatile development block in the highly sought-after suburb of Rivervale. Zoned R20/50/100, this property offers immense potential for developers and investors alike.
Block features:
• Flat cleared block
Perfectly positioned just minutes from Faulkner Park, Ruth Faulkner Library, Belmont Oasis, and the picturesque Tomato Lake, this block is surrounded by fantastic lifestyle amenities. Enjoy easy access to The Belmont Forum, a vibrant hub of shopping, dining, and entertainment, including Reading Cinemas, popular restaurants, and trendy cafes.
With excellent connectivity to major roads and transport, this location ensures strong demand for future developments. Don't miss this chance to invest in one of Perth's most dynamic growth areas!
RATES:
Water Rates: $767.89
Council Rates: $1690.99
I URGENTLY REQUIRE MORE PROPERTIES FOR MY QUALIFIED BUYERS. IF YOU ARE THINKING OF SELLING OR WOULD LIKE A FREE MARKET APPRAISAL, PLEASE CONTACT ME ON 0423 276 674.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
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 6,935 properties. Over the last 5 years, Houses in Rivervale have seen a 94.59% increase in median value, while Units have seen a 86.67% increase. As at 31 January 2026:
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