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
$838,000
Last sold
24 Dec 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
439 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
$838,000
24 Dec 2024 · 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
$1,245,000
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
-32.7%
Median sale
Suburb $1,245,000
+1.42 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 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 439 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 439 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 One ResidentialCOTTAGE CHARM. PALY CLASSIC.
Nestled away from the road and perfectly framed by a privacy wall and garden perimeter, this treaured character cottage has been lovingly maintained and nurtured for many years by very proud owners. With tranquil lawn and garden surrounds along with stunning space and heaps of future potential this is ONE great opportunity to secure your slice of Palmyra at an affordable price point!
This residence is immediately inviting with its gorgeous front gardens and expansive front porch and continues to impress when you step inside to discover the warmth and charm of high ceilings, sparkling jarrah floors and quaint decorative features.
With a sun kissed front lounge room, classic refurbished country style kitchen and dining PLUS an awesome separate second living room/lounge the floorplan screams future scope with its extended and functional floorplan.
The accommodation includes a spacious master bedroom, along with two secondary bedrooms, refurbished bathroom, separate toilet and equipped laundry.
The showstopper at this residence is the outdoor entertaining and garden oasis, perfect for summer catch ups with cool afternoon breezes and secure yard space for the kids and pets to play.
Outside of this, the home is completed with wide driveway and parking access along with lock up garage and storage space, whilst inside creature comforts are taken care of with multiple split system aircon units, ceiling fans and gas connected.
In an ultra convenient location so close to Palmyra Primary, cafes, farmers market, shops and transport this represents a rare chance to own a classic cottage with space and possibilities!
Contact Exclusive Listing Agent Michael Forzatti on 0419 904 907.
Disclaimer:
* The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Michael Forzatti, One Residential — reproduced as published, not verified by Districts.