Palmyra at a glance
8,680
People
$1,250,000
Median sale
$701/wk
Median rent
2.92%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
$1,580,000
Last sold
21 May 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
643 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,580,000
21 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Palmyra (last 5 years) with land size have a median of $2,623/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Palmyra at a glance
8,680
People
$1,250,000
Median sale
$701/wk
Median rent
2.92%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Vs Palmyra
+26.4%
Median sale
Suburb $1,250,000
-0.61 pp
Gross yield
Suburb 2.92%
Suburb median $1,250,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 643 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.
Official flood overlay has not been retrieved (pending). 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.
1 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 643 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
$1,250,000
Median sale
$701/wk
Median rent
2.92%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Empire Residential PropertyPrivately tucked away at the rear, this beautifully presented 2 storey residence offers the perfect blend of space, comfort and lifestyle in a highly sought-after pocket. Boasting 3 generous bedrooms, 2 bathrooms and multiple living areas, the home provides a versatile layout ideal for families or those who love to entertain.
Enjoy the convenience of an unbeatable location just moments from Melville Reserve, quality schools, local shops and public transport, delivering an exceptional lifestyle opportunity in a premium setting.
**THIS PROPERTY IS CURRENTLY TENANTED UNDER A FIXED TERM BASIS UNTIL 25TH MAY 2026 AT $800 PER WEEK**
• Spacious kitchen offers 4x gas Miele cooktop, tiled splashback, extractor fan, dishwasher, dual sink, 600mm Miele wall oven, microwave recess, fridge recess, pantry, plenty of bench & cupboard space
• Open plan living/dining area with gas bayonet point
• Reverse cycle air conditioning
• Activity room
• Formal lounge
• Pitched undercover alfresco area overlooking low maintenance rear yard with raised garden beds with established plants and artificial turf
• Master bedroom with walk in robe and renovated ensuite with frameless hobless shower, single vanity with stone bench tops, storage, shaving cabinet and separate WC - with floor to ceiling tiling
• Bedroom 2 is queen sized with built in robe
• Main bathroom offers shower, single vanity with storage and skylight
• Bedroom 3 is queen sized with built in robe
• Double linen cupboard
• Under stair storage
• Laundry off the kitchen with polished stone tops, washer recess and plenty of storage
• Upstairs retreat/sitting area
• Separate WC
• Double automatic garage with drive through access
• Gated side access for additional secure parking
• Gas storage hot water system
• Automatic reticulation
• Security doors and screen
• Ducted cooling
• Tucked away at the rear down secure gated driveway
• Walking distance to public transport, shops, Melville Reserve, Our Lady of Fatima School and close proximity to Swan River, Point Walter Reserve 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.