Rivervale, WA 6103: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Rivervale, the median property price for a house is currently $720,000 with annual capital growth of 8.27% . There were 157 house sales in the past 12 months. On average, houses spend 9 days on market.

If you're thinking about buying an investment property in Rivervale, consider that rental yields for houses are currently 4.73% with an average median rent of $750 weekly. Houses have seen 1.41% growth in the past quarter, and 8.27% growth in the past 12 months.

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 2011 was 8,402 people. By 2016 the population was 10,389 showing a population growth of 23.6% in the area during that time. The predominant age group in Rivervale is 20-29 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 2011, 46.3% of the homes in Rivervale were owner-occupied compared with 43.8% in 2016.

In Rivervale, the median property price for a unit is currently $480,000 with annual capital growth of 18.52% . There were 401 unit sales in the past 12 months. On average, units spend 13 days on market.

If you're thinking about buying an investment property in Rivervale, consider that rental yields for units are currently 6.58% with an average median rent of $620 weekly. Units have seen 4.35% growth in the past quarter, and 18.52% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$720,000	$480,000
Quarterly growth	+1.41%	+4.35%
12-month growth	+8.27%	+18.52%
Average annual growth	+8.86%	+5.17%
Weekly median rent	$750	$620
Gross rental yield	4.73%	6.58%
Number of Sales (12m)	157	401
Avg. Days on Market (12m)	9	13

Jump to Market Trends

Key Demographics	2011	2016
Total population	8,402	10,389
Population change (5y)	+18.82%	+23.60%
Median household income (p/w)	$1,288	$1,459
Household income change (5y)	+58.04%	+13.28%
Median age of persons	34	33

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Rivervale is $720,000 for houses and $480,000 for units.

The Median Growth in Rivervale over the past 12 months is 8.27% for houses and 18.52% for units.

Over the past 12 months there were 157 houses sold and 401 units sold in Rivervale. On average, houses spent 9 days on market and units spent 13 days on market.

In the past 12 months up to September 2024 there were 157 houses sold and 401 units sold in Rivervale. On average, houses spent 9 days on market and units spent 13 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Rivervale is $750 for houses and $620 for units.

The Rental Yield in Rivervale is 4.73% for houses and 6.58% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Rivervale was 10,389 in 2016, a +23.60% change compared to 2011.

The predominant age group in Rivervale is 20-29 years.

The population of Rivervale was 10,389 in 2016, a +23.60% change compared to 2011.

The predominant age group in Rivervale is 20-29 years.

Most of the population in Rivervale were born in Australia.

Most of the population in Rivervale report their religion as No Religion.

Most of the population in Rivervale report their religion as Catholic.

Most of the population in Rivervale report their income range as between $78,000 and $130,000 .

The median household income in Rivervale was $1,459 in 2016, a +13.28% change compared to 2011.

Most of the population in Rivervale report their income range as between $78,000 and $130,000 .

The median household income in Rivervale was $1,288 in 2011, a +58.04% change compared to 2006.

Most of the population in Rivervale work as Professional.

The chart below demonstrates the various levels of education in Rivervale.

Most of the population in Rivervale reached a qualification level of Bachelor.

2011 2016

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