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 › Forrest St
3
Bedrooms
1
Bathrooms
2
Car spaces
450 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
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 450 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 450 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 Peard Real Estate**FIRST HOME OPEN SUNDAY 9TH MARCH 12-12:45PM**
Welcome to the market this rare 3 bedroom 1 bathroom home in the heart of Palmyra, offering the perfect blend of charm, warmth and potential. This property is truly a unique hidden gem, brimming with personality with all its original features including polished Jarrah floorboards and high ceilings.
Whether you're a growing family, a professional seeking a peaceful retreat, or an investor looking for a property with future potential, this home, nestled in the sought-after suburb of Palmyra is a must-see. With its unbeatable location, classic character features, and the possibility for future subdivision (subject to council approval), this is an opportunity not to be missed!
Features included are:
• Three spacious bedrooms featuring high ceilings, ceiling fans, and air conditioning in two of the bedrooms. Each bedroom offers plenty of natural light, providing a comfortable retreat for rest and relaxation.
• Well-appointed original bathroom with bathtub/shower and vanity unit
• Original laundry with a separate toilet. The practical laundry area is well-organised, providing plenty of space for your washing needs. There is additional storage space underneath laundry area.
• Large, light-filled, air-conditioned, open-plan lounge room with a charming wood burner. This spacious and inviting living area features a unique sunken design, perfect for cozy gatherings.
• Well-positioned kitchen with a breakfast bar, thoughtfully located to optimise both functionality and flow.
• Expansive outdoor entertaining areas, perfect for hosting family and friends, featuring an undercover decked area that seamlessly connects the indoor and outdoor living spaces, providing a wonderful setting for BBQs, alfresco dining, and outdoor relaxation.
• Additional spacious, raised decked area for extra hosting events or a lovely chill out zone for unwinding.
• Air-conditioned Cedar garden studio (10m²) that offers versatile space for multiple uses. Whether you're looking to create a peaceful music room, an art studio, or a stylish and cozy backyard office, this private retreat offers endless possibilities. It provides a perfect space to zone out and enjoy some quiet, personal time away from the main house.
• Low maintenance gardens to the front and back of the property with Rain Master reticulation system throughout and ambient garden lighting to the front and rear gardens.
• Pretty front veranda for peaceful sitting overlooking the front gardens.
Additional Features:
• Possibility for subdivision (see Melville Council's recent proposal for re-zoning the property)
• NBN Connection
• 3 Split system air-conditioners
Property Particulars:
• Year Built 1950
• Property Size 456m2
• Internal Size 111m2
• Rates Approx $1400 Per Annum
• Water Rates Approx $1,120 Per Annum
Location:
• Palmyra Western Farmers Market (800m)
• Fremantle Markets & Cappuccino strip (4km)
• Fremantle Golf Course (1.5km)
• Melville Recreation Centre (2.2km)
• Woolworths Melville (1.2km)
• Westfield Booragoon (6.3km)
• Point Walter Reserve (5km)
• Fiona Stanley Hospital (8.3km)
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Demi Street, Peard Real Estate — reproduced as published, not verified by Districts.