55/48 Riversdale Rd, Rivervale is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 146m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
ABOUT LIFESTYLE
It's your chance to live right on the Swan River, Perth's most sought-after location. You have the riverfront serenity, with the luxury of watching waves gently lap the shore from your balcony. Yet you're a mere walk away from the non-stop action of WA's premier entertainment complex, Crown Perth.
It seems like the lifestyle of the rich and famous, yet owning your own Parallel Riverside Apartment is surprisingly within reach.
ABOUT LOCATION
It's incredible to think that, just minutes away, is a whole other world. Just across the way is Crown Perth, with its acclaimed restaurants, 6-star hotel, range of bars, headlining stage shows and Perth's only casino. Alongside Crown is the new Perth Stadium, home to every major sporting event and premium venue for every large capacity concert tour.
A footbridge from the Stadium links you to the CBD for Perth's premier shopping experiences and the new culture of small bars, creative cuisine and hip hotels. The CBD is also a short 14 minute train ride from Burswood Station.
ABOUT APARTMENT
Parallel was designed to maximise the spectacular views from each apartment. But who knew that creating such cleverly-designed functional balconies would actually make the building look so spectacular?
The stunning architecture, with its sense of rippling movement, beautifully complements the river. Each balcony frames a stunning view of either the city lights, the park on the eastern side, or the river.
The building has 13 levels and consists of four levels of basement parking, a podium base with pool deck, and a tower section. A caf takes pride of place on the ground floor.
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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 6,930 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:
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