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Rivervale

Suburb Profile

Rivervale - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6103

house
unit

Property investors in RIVERVALE enjoyed capital gains of 1.32% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $500,500.

Profits due to an downward trend in home prices there averaged -3.52% per annum over a 3-year period.

Home owners selling their properties and realtors in RIVERVALE usually have to wait an average of 57.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $365 mark, reflecting a 3.79% increase in returns based on the current median price in RIVERVALE.

RIVERVALE, 6103 places 329th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,500 $320,000
GROWTH REPORT
Median Quarterly -3.75% 2.73%
Median 12 month 1.32% -7.25%
Median 3 years -10.55% -24.31%
Median 5 years -17.95% -23.81%
10 years average annual 0.32% -1.98%
Weekly media advert. rent $365 $350
Time on Market 57.7 days 90.7 days
Gross Rental Yield Percent 3.79% 5.69%
demographics (median values)
Total Population
7068
Weekly Household Income
781.7
Household Size
2.10
demographics
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