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.
$600,000
Last sold
5 July 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
253 m²
Land
155 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
$600,000
5 July 2022 · 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
-52.0%
Median sale
Suburb $1,250,000
+3.16 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 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 30 Aug 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 30 Aug 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 253 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 253 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 1,050 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
$1,250,000
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 Ray White Dethridge GrovesIn a small group of just three homes this modern villa has it all - three good sized bedrooms, a semi-ensuite bathroom, open plan central living, kitchen and dining area, huge undercover entertaining area, covered parking for two cars and a separate storeroom.
It's located in a fabulous part of Palmyra; Emily Main Park with its playground and friendly dog-walking regulars is just a few minutes' walk away and the shops and cafes are within easy walking distance.
You're going to love the open feel of this home - a central hall taking you past the loungeroom and a bedroom at the front of the home, landing in the central kitchen and dining area at the very heart of the home. There's a roomy walk-in pantry and breakfast bar separating kitchen and dining, and this space has direct access to that enormous undercover outdoor patio and entertaining area.
The ceiling to floor windows in the bedrooms allows natural light to flood in and the floors are carpeted here. There are easy clean tiles in the remainder of the home.
There's a raised garden bed around the perimeter with mature shrubs providing a green privacy screen leaving tonnes of room for your herb or vegetable garden.
This place is as cute as they come in an amazing Palmyra location where everything is within easy reach.
Main Features
Modern home with 3 bedrooms with built-in robes and semi-ensuite bathroom
Brick and tile construction
Undercover parking for two cars and a separate storeroom
Spit system air conditioning and fans in some rooms
Huge undercover entertaining area
Carpeted loungeroom and bedrooms
Bathroom has loads of storage and a raised bathtub
Security screens
Brick paved exterior and raised perimeter garden beds
Location (Approx.)
320m to the shopping centre which includes supermarkets, green grocer and pharmacy
150M Emily Main Park
1.5km to Swan River Foreshore
1.2km East Fremantle Tennis Club
230m Canning Highway bus stop
490m Leopold Hotel
400m Our Lady of Fatima Primary School
600m Palmyra Primary School
1km Bicton Primary School
3kms Melville Senior High School
3.5kms John Curtin College of the Arts
Council Rates: $1,590.24 per annum (Approx.)
Water Rates: $1,066.99 per annum (Approx.)
Insurance Rates: $938.00 per annum (Approx.)
Please call Michael Harries on 0434 076 229 for further details
Listing description written by Michael Harries, Ray White Dethridge Groves — reproduced as published, not verified by Districts.