All About Rivervale, Belmont, WA, 6103

Rivervale, a suburb in Belmont, Western Australia, offers a dynamic housing market that reflects both the suburb's growth and its appeal to a diverse range of residents. As of recent years, the housing market in Rivervale has seen a steady increase in demand, driven by its proximity to the Perth CBD, only a short commute away, and the ongoing development in the area. The suburb offers a mix of housing options, including modern apartments, townhouses, and traditional, family-friendly homes. With developments like The Springs, which has introduced a more urban living experience, there’s been a notable influx of young professionals and families drawn to the lifestyle and amenities provided. Prices have gradually risen, yet Rivervale maintains a competitive edge compared to inner-city neighborhoods, offering more affordable options while still providing access to urban conveniences.

Living in Rivervale combines the benefits of suburban tranquility with metropolitan accessibility. Residents enjoy a well-rounded lifestyle, supported by local amenities such as Belmont Forum shopping center, cafes, and a variety of parks like Faulkner Park and Cracknell Park for recreational activities. The Swan River flanks the southern edge of Rivervale, offering picturesque spots for walking, cycling, and outdoor enjoyment. Furthermore, the suburb is well-connected with public transportation options and major roadways, facilitating easy travel to nearby entertainment hubs and employment centers. Community events and a friendly neighborhood atmosphere underscore a sense of belonging, making Rivervale an attractive choice for those seeking a balanced and vibrant living environment in the Perth region.

Rivervale Real Estate Market Outlook

Thinking about buying in Rivervale? Now could not be a better time, with 8809 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $601,000 with prices in this suburb ranging from $128,000 to $2,306,000. The aproximate distance to the coast is 13 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Rivervale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Rivervale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Rivervale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!