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Rivervale, WA

November 7th 2006 00:22
“Better Know a Suburb” focus’ on the Western Australian suburb of Rivervale. Known as "Barndon Hill" prior to 1884, it was named after Richard Barndon who opened an Inn called the "Brewers Arms" on the South road to Guildford in October 1843. Barndon was associated with Henry Camfield who held land in this vicinity. Rivervale was first used as the name of a railway station on the Perth Armadale line and was later adopted as the name of the suburb. It is a descriptive name derived from its location on the Swan River.

Rivervale, WA (postcode: 6103)


Property Price Results for the last 12 months:

Houses:
Average Price $437,000
Median Price $436,000
Change: 33%

Apartments:
Average Price $237,000
Median Price $240,000
Change: 39%

Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.

Statistics:

Local population: 6,749
Australian born: 69%
Greatest age demographic: 20-39 years (35%)
Typical resident: Single (never married), of Catholic denomination, living in a freestanding house, employed in the clerical and services profession in rented accommodation.


Whether you are looking for a place to live or invest, develop your business, or just to enjoy your lifestyle, Rivervale has opportunities ready to be discovered. The area of Rivervale is a vibrant community located 6 kilometres from Perth’s central business district, along 11 kilometres of Swan River frontage. Recent years have seen unprecedented growth in the area, with significant commercial and residential developments and the establishment of a number of new industries in the surrounding suburbs.


Rivervale’s business precinct is less than 10 minutes from Perth. Affordable land and proximity to air, rail and road transport arteries have drawn businesses to the area. There are also many opportunities to build, develop or lease business premises in Rivervale, and car parking is in greater supply than the city, allowing for a significant cost advantage.

There is a great sense of community in Rivervale, with strong business networks and also lively centres of community gathering.
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