170 Alexander RoadRivervale WA 6103
Property Details for 170 Alexander Rd, Rivervale
170 Alexander Rd, Rivervale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 1224m2 and floor size of 354m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Unit sold in Rivervale in the last 12 months.
Last Listing description (May 2026)
1,224sqm Corner Site | R20/50/100 Zoning | Offers Invited
Sterling Property is pleased to offer 170 Alexander Road, Rivervale - a rare opportunity to acquire a large, income-generating corner site with approved development potential in one of Perth's most dynamic inner-east growth corridors.
This opportunity is For Sale via an offers invited campaign closing at 3pm on Thursday 5th June 2025, unless sold prior.
Comprising three separate 3x1 homes on one freehold title, the property generates a combined $101,400 per annum (approx) in residential income, providing a secure holding return while exploring future development options.
The generous 1,224sqm landholding is zoned R20/50/100, allowing for high-density residential redevelopment.
A current Development Approval for a Build-To-Rent scheme is in place, though the flexible zoning presents a wide range of possibilities including townhouses, apartments, or subdivision (STCA).
Key Features:
1,224sqm corner site* with dual street frontage
R20/50/100 zoning - strong redevelopment flexibility
Existing Development Approval for Build-To-Rent
Three tidy 3-bedroom homes generating $101,400 p.a. (approx)
Single freehold title, simplified management and ownership
Located just 700m from Belmont Forum
Close to Perth CBD, airport, and major employment hubs
Median House Price: $820,000 | Median Rent: $700pw
Location Highlights:
700m to Belmont Forum
Close to Great Eastern Hwy, Tonkin Hwy & Graham Farmer Fwy
Proximity to Perth Airport, Optus Stadium, and local parks
Strong rental growth and buyer demand in Rivervale
Access to public transport, schools, and green space
For further information on this home or to arrange a private viewing, call ROY LI on 0415007588 or 61164511 for any further info or lodge an offer
Property History for 170 Alexander Rd, Rivervale, WA 6103
- 30 May 2026Listed for Sale $2,200,000
- 30 May 2026Sold for $2,150,000
- 13 Jun 2025Sold for $1,750,000
Recent sales nearby
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0About 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 6,941 properties. Over the last 5 years, Houses in Rivervale have seen a 88.36% increase in median value, while Units have seen a 101.73% increase. As at 31 May 2026:
- The median value for Houses in Rivervale is $1,137,261 while the median value for Units is $726,352.
- Houses have a median rent of $750 while Units have a median rent of $700.
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