70/18 Tanunda Drive, Rivervale, WA 6103
AUCTION: 15TH JULY, 6:00PM START
3 2 2
Auction Wednesday 15 July 6:00 pmOriginally part of the larger Belmont area, Rivervale developed rapidly post-WWII as a residential hub for workers. It was characterized by modest weatherboard and brick-and-tile homes on large blocks before the 2000s urban infill boom.
A diverse mix of high-rise luxury apartments along the riverfront, modern townhouses, and original mid-century cottages being renovated by young professionals.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Rivervale represents the 'inner-ring' value proposition in Perth. It offers the lifestyle benefits of the Swan River at a lower price point than western or southern riverside suburbs, making it a primary target for gentrification.
$820k – $1.6m
$380k – $850k
12-month movement
Current asking rents
The rapid price escalation reflects Perth's broader market boom, but Rivervale's high unit percentage provides more accessible entry points than neighboring Lathlain or Victoria Park.
Price comparison
Median price ÷ median income
Estimated rental yield
While once affordable, Rivervale has moved into a premium bracket for houses. Units remain relatively affordable compared to the CBD fringe.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, FIFO workers, and small families.
Extremely strong cash flow potential. Capital growth is likely to continue as long as the Perth supply-demand imbalance persists.
Expect continued outperformance of the Perth average as the 'gap' between Rivervale and Victoria Park narrows. Riverside assets will see the highest appreciation.
vs last 12 months
Relative comparison
Review the WA Police crime map for specific street data; avoid properties backing onto dark alleyways or unlit parklands.
Environmental and noise factors are the primary long-term risks for property value and livability.
Low-lying areas near the Swan River are subject to 1-in-100-year flood mapping.
Negligible risk due to urban density.
Higher premiums may apply for properties in flood zones or those with high crime risk profiles.
Aircraft Noise (ANEF), Special Control Area (Burswood Peninsula).
The 'Springs' precinct and riverfront apartment corridors.
Zoning allows for significant density, meaning your neighbor's single house could potentially become a multi-unit development.
Excellent car and bus access; train access via nearby Burswood or Victoria Park stations.
High, with Belmont Forum nearby and diverse dining in Victoria Park.
Outstanding riverfront trails and the expansive Wilson Park.
Moderate; Rivervale Primary and St Augustine's are the primary local options.
Good proximity to Royal Perth Hospital and local clinics.
A melting pot of young professionals, multi-cultural families, and a declining population of retirees.
The high rental and young professional demographic supports the strong demand for modern, low-maintenance housing.
Continued high-density residential development near the river and upgrades to the Great Eastern Highway corridor.
Residents love the convenience and river access but express concerns over security and increasing density.
I can be in the city in 10 minutes and at the river in 2. It's the best-connected suburb in Perth.
Love my house, but we've had a few packages stolen from the porch. You need good security here.
Never had a vacancy longer than a week. The demand from FIFO workers is incredible.
Position the property as a 'lifestyle-first' urban sanctuary that bridges the gap between the CBD and the river.
Rivervale offers some of the highest yields in the inner-Perth ring with strong capital growth prospects.
High strata fees in new builds and potential oversupply of apartments.
Unbeatable access to the city and river lifestyle.
Aircraft noise can be disruptive for those working from home.
Ensure all smoke alarms and RCDs meet current WA legislative standards before leasing.
The '10-minute suburb'—10 mins to CBD, 10 mins to Airport, 10 mins to Stadium.
Young professional couples and interstate investors.
This report is based on historical data and market projections as of March 2026. It does not constitute financial or legal advice. Buyers should conduct their own independent research and seek professional counsel before purchasing.
Now
Before
AUCTION: 15TH JULY, 6:00PM START
3 2 2
Auction Wednesday 15 July 6:00 pm
Early $500,000s | Offers Closing 6pm 1/7/26
2 1 1
Open Saturday 27 June 10:00 am
Spacious Fully Furnished Executive Apartment with Huge Entertainer's Balcony
Freshly Refurbished Townhouse with Two Living Areas & Exceptional Convenience
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