Located in Western Australia within the Belmont local government area, Rivervale is an established suburb (postcode 6103). With a population of 10,897, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $90K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Median house prices in Rivervale stand at $975,000, having jumped by 16% over the last twelve months. Units have a median price of $415,000 (+12% YoY). The current median weekly rent is $575. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,760.
Rivervale is served by 2 schools, including 2 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 34 bus stops.
On the investment side, The gross rental yield works out to roughly 3.1%, which reads as moderate yield. Property prices are near the state median ($975K/$1.0M). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +16.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.