Sold
89 Gladstone Road, Rivervale WA 6103
Listed price: SUITS BUYERS ABOVE $1.2M
Sold: 28 Apr 2026
Sold
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3 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 814m2
House
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DEVELOP, SUBDIVIDE OR INVEST – RARE TOP-END RIVERVALE OPPORTUNITY
Positioned on a rare and substantial 814m² (approx.) block with sought-after R20/40 zoning, this outstanding property presents a wealth of opportunity for developers, investors, or those looking to secure a large parcel of land in top-end Rivervale. With subdivision potential and a character home that can be retained for rental income while you plan your development, the possibilities here are truly exciting.
The existing three-bedroom, one-bathroom character home offers comfortable living with a renovated kitchen, modern updated bathroom, and spacious interiors. Featuring a formal lounge, three generous bedrooms, carpets, air-conditioning, and a versatile sleepout or storage area, the home is both functional and spacious. Outside, you'll find a huge backyard, car parking, and a large workman's shed with convenient side access to the rear - ideal for tradies, hobbyists, or future development access.
Whether you choose to rent out, renovate, subdivide, or build your dream home, this is a rare chance to secure land, location, and lifestyle all in one.
Located in sought-after top-end Rivervale, you'll enjoy being within walking distance to the river, local shops, and just under a 30-minute walk to Optus Stadium and Crown Entertainment Complex. Surrounded by established homes and leafy streets enhanced by underground power, this is an area where homeowners have invested heavily and pride of ownership is clear.
It's got the land, it's got the location, and it's got the home. Opportunities like this are becoming increasingly rare - explore the neighbourhood, see the potential, and make sure you don't miss your chance to secure this outstanding property so close to the city.
Call Steven and Sandy today to book your viewing.
City of Belmont - $1,578 p/a
Water Corporation - $983.18 p/a
Property features
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Garages
2
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Floor area
114m2
Property snapshot by reiwa.com
This property at 89 Gladstone Road, Rivervale is a three bedroom, one bathroom house sold by Steven Webster and Sandra Gardiner-Wilson at Bourkes on 28 Apr 2026.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.
Cost breakdown
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Council rates: $1,578 / year
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Water rates: $983 / year
Nearby schools
Rivervale overview
Rivervale is a predominantly residential area spanning three square kilometres. Established in the 1840s, significant residential development did not occur until the 1950s and 1960s.
Life in Rivervale
Rivervale's family-friendly lifestyle is an appealing feature of the inner-city suburb. There are numerous parks and ovals, such as Wilson Park, which features a number of netball courts open for public use, as well as a playground and community centre.
The Kooyong Road Shopping Strip features a large IGA, chemist, butcher, post office, take away food outlets, with the Belmont Forum the closest shopping centre. There are two local schools in Rivervale including St Augustine's Primary School and Rivervale Primary School. Many homes in the suburbs are also catered for by the nearby suburbs schools such as Carlisle and Lathlain.
Rivervale quick stats
High end
$1.2m
Median
$960k
Low end
$850k
14.3%
Annual growth
$960k
Annual median sales price
$750pw
Annual median rental price
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