Palmyra at a glance
8,680
People
$1,245,000
Median sale
$701/wk
Median rent
2.93%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
WA › Palmyra › Waddell Rd
$1,420,000
Last sold
22 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
407 m²
Land
159 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,420,000
22 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Palmyra (last 5 years) with land size have a median of $2,610/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Palmyra at a glance
8,680
People
$1,245,000
Median sale
$701/wk
Median rent
2.93%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs Palmyra
+14.1%
Median sale
Suburb $1,245,000
-0.36 pp
Gross yield
Suburb 2.93%
Suburb median $1,245,000 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
MELVILLE
Zone
Residential
1
Jurisdiction
Melville
Melville, WA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 407 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $701/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
2 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 407 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,015 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Palmyra at a glance
8,680
People
$1,245,000
Median sale
$701/wk
Median rent
2.93%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Empire Residential PropertyNestled in the heart of the highly sought-after suburb of Palmyra, this charming 4 bedroom, 2 bathroom home offers the perfect blend of comfort and convenience. Boasting multiple living areas and a family-friendly layout, it's ideal for families or first home buyers looking for easy-care living.
With local shops, schools, and public transport just moments away, this property promises a lifestyle of ease and accessibility. Whether you're ready to move in now or keen to add your own personal touch, this home presents an exciting opportunity in a vibrant community.
Additional features include:
• Open plan kitchen/living/dining with gas bayonet point
• Chef’s kitchen with 4x gas cooktop, tiled splashback, rangehood, 600mm wall oven, microwave recess, dual sink, fridge recess, pantry and plenty of bench and cupboard space
• Formal lounge
• Activity
• Spacious master bedroom with walk in robe and ensuite with shower, single vanity with storage and WC
• Reverse cycle air conditioning
• Bedroom 2 is double sized with built in robe
• Bedroom 3 is queen sized with built in robe
• Bedroom 4 is double sized with built in robe
• Bathroom offers shower, bath and single vanity with storage
• Separate WC
• Laundry with plenty of bench space/storage
• Walk in linen storage
• Undercover alfresco, overlooking easy care rear yard with reticulated garden beds
• Double automatic garage
• Powered workshop/storeroom
• Security screens
• NO STRATA FEES
• Close proximity to public transport, Melville Reserve, shopping and all other amenities
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract.
Listing description written by Linton Allen, Empire Residential Property — reproduced as published, not verified by Districts.
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