66/9 Hawksburn Road Rivervale WA 6103
66/9 Hawksburn Road Rivervale WA 6103
Flood overlay present | Rental ceiling tight at $715Β$840 | Building age increases maintenance risk | No heritage protection limits appeal.
The flood overlay introduces a latent insurance and resale friction, costing an estimated 3Β5% premium in annual premiums and narrowing buyer pool. The rental yield at 5.4% is solid but capped by oversupply in mid-tier apartments; this property should be held for steady cash flow, not capital growth. Buy now if income stability is your primary metric; avoid if you seek strong appreciation.
Competitive strength lies in its rare 110mΒ² lot and 86mΒ² internal area-generous for a two-bedroom apartment in Rivervale Springs. The FTTP NBN and proximity to Swan River add livability, appealing to professionals or downsizers wanting low-maintenance lifestyle. Your next move is to commission a flood risk assessment before submitting any offer.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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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
2
Bathroom
2
Parking
1
Land
110mΒ²
Assessments Delivered Today
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