35 Menzies Street, Rivervale WA, Australia
Data last updated: 25 Jun 2025
Current Market Valuation
Estimated market value: Approximately $950,000 (with an estimated range of $820,000 to $1,080,000).
Notes: Valuations vary across different online platforms. Other estimates for the property include $763,000. The property's value has increased by 319.7% since its last sale in 2000.
Purchase History
January 7, 2000 - $180,000
Property Details
Type:
House
Bedrooms:
4
Bathrooms:
2
Land (sqm):
320
Car/Garage:
1 car space
Estimated weekly rent:
$710 per week
Estimated rental income based on available property data, with a high confidence range of $675-$745 per week. A past listing in June 2024 had an asking price of $690 per week.
Rental vacancy rate:
0.4% (Perth metropolitan area, as of January 2024).
Council rate:
Minimum $880 per year (City of Belmont residential rate for 2024-25, 6.3232 cents in the dollar of Gross Rental Value).
Water rate:
Residential water use charges are $2.002 per kilolitre for the first 150 kilolitres (as of 1 July 2024, subject to 2.5% increase). Sewerage service charges are based on Gross Rental Value with a minimum of $481.14 per dwelling.
Strata fee:
N/A - Standalone House
Home and content insurance price:
Average $1,298.93 per year, with a premium range of $701.85 to $2,140.00 for Rivervale.
Zoning Information
LGA:
City of Belmont
Zoning:
Residential Zone (under Local Planning Scheme No. 15).
Bushfire:
No
Flood:
No
Heritage:
No
Potential Developments in the Area
State Government:
State Government social and affordable housing programs, including Rivervale, with plans for over 1,000 new homes in 14 developments (ranging from 3 to 9 storeys, including build-to-rent projects).
Revitalisation of 'The Springs estate' in Rivervale by LandCorp, transforming 14 hectares into a residential and commercial estate with townhouses, apartments, and office buildings.
Local Government:
City of Belmont budget includes projects for road and footpath renewal, and the Wilson Park precinct redevelopment.
Location 35 Menzies Street, Rivervale WA, Australia
What's Nearby
Education
Health & Medical
Transportation
Adjacent to major bus routes - Bus
Walking distance to Burswood train station - Train
Bus service to Perth CBD - Bus
Suburb Performance
Median Price History
Rivervale has shown strong property price growth, with median house prices varying slightly across reporting agencies but consistently indicating an appreciating market.
May 2024 - May 2025 | $835,000
Last 12 months (up to March 2025) | $752,000
Last 12 months (general) | $851,000
12-Month Growth Insight
Annual growth for houses reported between 8.59% and 18.4%.
Compound growth rate for houses up to 16.6%.
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