2/196 Kooyong RoadRivervale WA 6103
Property Details for 2/196 Kooyong Rd, Rivervale
2/196 Kooyong 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 March 2025. There are other 2 bedroom Unit sold in Rivervale in the last 12 months.
Last Listing description (July 2023)
I may have to buy this property myself ! Yes its only been on the market a few days yet I can not believe it is still for sale. The land component is worth more than the asking price, THATS A TICK, you get a solid 2 bed villa built in 1975 "that's when houses were built properly" for a price where mortgage is less than rent. HELLO!! Potential rent for investors over 1% of Sale Price, around the $400 per week mark (maybe more), low maintenance and owning a third of 1277m2 corner block zoned R20/40 adds to the investment appeal. Just imagine if you secured the other two units down the track. You'd be sitting on a small goldmine.1st Homebuyers, stop paying ridiculous rents when you could be paying off your own home. This property has a large land portion which makes it so much better than a unit with a balcony or just a courtyard. There's a private backyard to do lots in. If you have a dog or kids, perfect, they wont escape. Investors take note, renting out allowing a dog gets you great tenants who pay more rent & generally look after things well. Located on the corner of Kooyong and Alexander, which is a high frequency bus route, no need for a car. Belmont Forum is walking distance as is Kooyong Road Shopping Precinct. Schools are a 3 minute drive. Big parklands for dog lovers 300 metres away.This 2 bedroom villa is a part of only three. - Two bedroom, main with built in robe and ceiling fan- One bathroom, separate toilet- Two car bays, one under coverPlease 1st homebuyers, beat the investors on this one as the rear yard is not only a generous size but very private. It could become a wonder land for the right person and inside could be improved cheaply as well.It's an absolute ripper!!I am taking details of interested buyers, 1st inspection will be a Home Open on Saturday 3rd June
Property History for 2/196 Kooyong Rd, Rivervale, WA 6103
- 10 Mar 2025Sold for $470,000
- 07 Jun 2023Sold for $330,000
- 22 May 2023Listed for Sale $330,000
Recent sales nearby
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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 6,935 properties. Over the last 5 years, Houses in Rivervale have seen a 92.29% increase in median value, while Units have seen a 82.00% increase. As at 30 November 2025:
- The median value for Houses in Rivervale is $1,018,215 while the median value for Units is $629,435.
- Houses have a median rent of $750 while Units have a median rent of $665.
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