INVEST IN RIVERVALE
A Prime Riverside Location
Riverbank’s strategic location, especially its proximity to the Perth Airport, CBD, Swan River, and other amenities, makes it a desirable choice for various buyer segments, including FIFO workers, young professionals, and downsizers, thereby broadening the potential tenant and buyer pool.
POPULATION AND DEMOGRAPHICS
Rivervale’s demographic is predominantly younger, with 35% of residents aged 25-39, and fewer family households. The area’s excellent connectivity and amenities have attracted a notable 38% of lone-person households, which is higher than the 25% benchmark for Greater Perth.
Additionally, the proportion of rented dwellings in Rivervale is 27% higher than in Greater Perth, reflecting the area’s appeal to renters.
Rivervale’s population is forecast to grow to 13,090 residents by 2036. This equates to a 1.2% annual growth rate over the 15 years to 2036. Given that Rivervale is an established area, this represents a noteworthy level of population growth.
Source: ABS Census 2021 & WA Tomorrow Population Projections No.12 Central Band
RENTAL MARKET ANALYSIS
Perth has experienced a strong rental market, with indicative gross rental yields for houses and units outperforming those in other Australian capital cities, including Sydney, Brisbane, and Melbourne, in the 12 months to April 2025.
Rivervale has a strong rental market and has seen the highest rental growth among its surrounding suburbs for both houses and units. This rental growth is in line with levels seen across Greater Perth. House rental yields are consistent with Greater Perth at 4.5%, while unit rental yields outperform at 6.8% compared to 6.1%, a trend also seen in surrounding suburbs.
Source: Pricefinder
ACCESSIBILITY AND CONNECTIVITY
Rivervale is an established suburb situated 5kms east of the Perth CBD, providing excellent connectivity to the broader Perth region.
The suburb features a wide range of amenities for its residents, including public open space and a variety of entertainment and recreation options. The area features strong access to public transport and a range of educational choices close by.
MARKET INSIGHTS
Independent research by Urbis confirms the strength of the Rivervale market and the investment fundamentals driving demand for quality apartments in the area. From demographic trends to rental yield data, this detailed report provides a clear picture of why Riverbank Residences is so well-positioned for long-term growth.
