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 › Marmion St
For sale
For sale
5
Bedrooms
2
Bathrooms
0
Car spaces
1,113 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
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Palmyra (last 5 years) with land size have a median of $2,617/m² of land (n=80). 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.
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 1,113 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1,113 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
$1,245,000
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 Moncrieff RealtySavvy investors and forward-thinking developers - your golden goose has landed in Palmyra.
Sitting pretty on a wide 20.12-metre (approx.) north-facing frontage, this rare 1,115sqm (approx.) gem boasts not just one, but two, duplex homes that are comfortable, rentable and income-ready while you plan your next move.
The existing 2 bed 1 bath (renovated - 193A Marmion Street) and 3 bed 1 bath residences each offer air-conditioning, dishwashers, separate living and dining zones and lovely outdoor areas - the latter with a huge backyard that is made for family cricket and the other with a patio perfect for summer wines.
There's even a large workshop shed (on the 3x1 at 193B Marmion Street) and engineered retaining already done, saving you time, effort and serious cash.
Tucked into a high-demand pocket near lush green parks, Palmyra Primary, cool cafes, shops, other top schools and the river - plus only minutes from Fremantle - this unique site is as connected, as it is clever.
This property is currently zoned R20 but is earmarked to change to R40 in the future. The opportunities are numerous.
1. Lease out or live in the current properties
2. Amalgamate the 2 existing dwellings and subdivide to create a second vacant block at the rear. This block will become a development site with the change to R40.
3. Land bank the total property for the future.
- 1,115sqm (approx.)
FEATURES:
- Currently playing host to two duplex homes - to be sold together and all-inclusive
- R20 Zoning with possible R40 zoning
- 193A Marmion Street, Palmyra - revamped 2x1 duplex with separate living and dining areas, air-conditioning, a dishwasher and patio for outdoor entertaining
- 193B Marmion Street, Palmyra - delightful 3x1 duplex with separate living and dining areas, air-conditioning, a dishwasher, a massive backyard and a rear workshop shed
- Engineered retaining already completed
- Wide north-facing frontage
- Excellent parking options across the board
- Bus stop out front
- Close to parks, Palmyra Primary School, cafes, restaurants and shopping centres, Easy access to other excellent schools (including the Our Lady of Fatima Catholic Primary School and Melville Senior High School)
- Minutes from the Royal Fremantle Golf Club, the river and even the heart of old Fremantle town
- A high-demand and unique opportunity in an ultra-convenient location
Listing description written by Anita Moncrieff, Moncrieff Realty — reproduced as published, not verified by Districts.