93 Norwood Road, Rivervale, WA 6103 | Property Value & History | OnTheHouse
OFF MARKET

93 Norwood Road
Rivervale WA 6103

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 1042m2
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Property Details for 93 Norwood Rd, Rivervale

93 Norwood Rd, Rivervale is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1976. The property has a land size of 1042m2 and floor size of 82m2.

Building Type
Unit
Year Built
1976
Floor Size
82m2
Land Size
1042m2
Local Government
Belmont
Lot/Plan
14/P003543

Last Listing description (January 2021)

Bonus: Take advantage of the new building grants from Federal and State government!

Federal Government Grant: $25,000

State Government Grant: $20,000
First Home Buyers Grant: $10,000
*Conditions apply

With government economic incentives and ongoing residential and commercial restructuring in the area and surrounding suburbs, this duplex property is placed in a strategically great financial position. Buy this duplex to live, to invest and to develop to create wealth, it has value for money as a development property and a great investment for home-owners, investors and developers who are looking to secure convenient living and great potential at one go.

Currently 93A is tenanted till November 2020, 93B is tenanted till Feb 2021, perfect for developers to get your plans approved while having income coming in.

Features of the property:

*Duplex with two 31 original 1976 houses
*Huge development block size of 1042sqm zoned R20/40 (subject to *council and WAPC approval)
*Open plan living area adjoins kitchen and dining area
*Robes in bedroom all bedrooms
*Large backyard with enclosed patio and garden shed
*Perfect location to all amenities:

*Walking distance to Rivervale IGA, 935 bus stop, Orrang Rd and Great Eastern Hwy
*5km to Crown Casino complex
*3km to Belmont Forum Shopping Centre
*5km to Victoria Park cafes, restaurants and shops
*7km to Perth CBD
*4km to Perth Domestic Airport
*Surrounded by shops, public transport, parklands, education facilities, restaurants and fast food outlets.
*Multiple Potential Development Options (STCA)

1). Retaining the existing dwelling and build two houses at the rear.
2). Create 4 good size Survey Strata title lots.
3). Build 4 townhouses or strata houses.

To book your inspection or further information contact Jina Zou 0488 700 572 or Roy Li on 0415 007 588.

Property History for 93 Norwood Rd, Rivervale, WA 6103

A timeline of how this property has performed in the market
  • 27 Aug 2020
    Listed for Sale CONTACT AGENT
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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 6,943 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 15 properties listed for rent in Rivervale on OnTheHouse. According to Cotality's data, 462 properties were sold in the past 12 months in Rivervale.

Suburb Insights for Rivervale 6103

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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.