FL 2 11/1 Minora Place, Rivervale WA 6103

FL 2 11/1 Minora Place, Rivervale WA 6103
1-bed flat in Rivervale | established complex near Swan River | compact entry-level unit | strong rental demand corridor This unit in an older established Rivervale complex offers a competitively priced entry point into a location well served by proximity to the Swan River and Perth CBD. For a first-home buyer or investor the one-bed one-bath configuration is scarce in this pocket, with the low maintenance of apartment living suited to a professional single or couple. The estimated value of $375,000 positions it below many comparables in the area, strengthening its appeal for those seeking affordability without sacrificing location fundamentals. The main risk here is the lack of confirmed parking and the property’s position within a multi-unit complex where common area costs could shift. However the suburb’s tight rental market and access to transport and retail mitigate this for the right buyer. Opportunistically, renovating the interior could lift rental yield and capital growth. This unit is best held as a long-term rental investment in a high-demand inner corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย FL 2 11/1 Minora Place, Rivervale WA 6103
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Market Insight:

Rivervale is a well-established inner suburb experiencing a notably strong and accelerating market. Recent price growth has been robust across both houses and units, with properties transacting exceptionally quickly, indicating high buyer urgency and competitive conditions. Demand is supported by its proximity to Perth and attractive rental yields, particularly for units, appealing to both owner-occupiers and investors. Future growth is tied to its established residential character and location, though its rapid price appreciation warrants monitoring for affordability constraints.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

47mยฒ

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