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195B Riseley Street, Booragoon WA, Australia

Data last updated: 06 Jun 2025

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Approximately $1,230,000 - $1,425,000

Current Market Valuation

Estimated market value: Approximately $1,230,000 - $1,425,000

Notes: The estimated market value is based on the median house price for 3-bedroom properties in Booragoon, which is $1,230,000 (May 2024 - May 2025). The overall median house price in Booragoon over the last 12 months is $1,425,000. A comparable 3-bedroom, 2-bathroom house at 190B Riseley Street sold for $1.4M in November 2023. [2, 5, 38]

Purchase History

2010 - $1,020,000

Property Details

Type:

House

Bedrooms:

3

Bathrooms:

2

Land (sqm):

349

Car/Garage:

Double lock up garage (2 parking spaces)

Estimated weekly rent:

$1,010 per week

The estimated rental income for 195B Riseley Street is $1,010 per week. The median rent for houses in Booragoon is $870 per week, and for 3-bedroom houses, it is $800 per week.

Rental vacancy rate:

The rental vacancy rate in Booragoon, WA is 0.56%.

Council rate:

Specific council rates depend on the property's valuation by the City of Melville. In July 2023, the City of Melville limited the residential rates increase to 4.87%.

Water rate:

Water rates in Western Australia are charged by the Water Corporation using a tiered pricing system based on consumption, in addition to fixed annual service charges. As of July 1, 2024, water use and service charges increased by 2.5%. The average quarterly water bill in WA was $204 in January 2023, with a single uniform household service charge of $275.70 for the 2022-23 financial year. The exact amount for this property would depend on usage.

Strata fee:

N/A (The property is a house, not a strata-titled unit or apartment).

Home and content insurance price:

Cannot be accurately estimated without specific details regarding contents value and individual insurance provider quotes.

Zoning Information

LGA:

City of Melville

Zoning:

Residential

Bushfire:

No

Flood:

No

Heritage:

No

Potential Developments in the Area

State Government:

Local Government:

The City of Melville's Council Plan for the Future 2024-2034 includes a focus on sustainable and connected development.

There have been discussions and objections regarding proposed multi-level commercial and residential developments near Garden City Shopping Centre, with some proposals exceeding the City of Melville's height restrictions.

Applecross, within the City of Melville, is forecast for the greatest increase in new dwelling development between 2021 and 2046.

Location 195B Riseley Street, Booragoon WA, Australia

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What's Nearby

Education

Booragoon Primary School (km)

Applecross Senior High School (1.49km)

Corpus Christi College (1.7km)

All Saints' College (2.95km)

Melville Senior High School (3.01km)

Rossmoyne Senior High School (3.18km)

Health & Medical

Dr Charles Crompton - Paediatrician - Murdoch Paediatrics (0.5km)

Dr Andrew Savery - Paediatrician (1km)

Perth Radiological Clinic (Booragoon) (km)

Garden City Medical Centre (km)

Fremantle Hospital and Health Service (7.9km)

Perth Children's Hospital (8.2km)

Transportation

Booragoon Bus Station (next to Westfield Booragoon, corner of Riseley and Marmion Streets) - Bus

Bull Creek Station (Mandurah Line, connecting bus services to Booragoon) - Train

Suburb Performance

Median Price History

Booragoon has experienced significant growth in house prices. The suburb has a compound growth rate of 11.3% for houses. Houses generally sell quickly, with an average of 10 days on the market. [2, 7, 9]

May 2024 - May 2025 | $1,465,000

Last 12 months | $1,425,000

Last 12 months (up to Feb 2025) | $1,280,000

12-Month Growth Insight

Houses: Up 14.5% (May 2024 - May 2025)

3-bedroom houses: Up 39.4% (May 2024 - May 2025)