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.
WA › Palmyra › Forrest St
$1,210,000
Last sold
20 June 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
451 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
$1,210,000
20 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Palmyra (last 5 years) with land size have a median of $2,610/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
-3.2%
Median sale
Suburb $1,250,000
+0.09 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 451 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 451 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 Mint Real Estate East FremantleWelcome to 248 Forrest Street - a beautifully renovated street-front character home that offers the perfect blend of timeless charm and contemporary living in the ever-popular suburb of Palmyra.
Set on a generous 451sqm block, this three-bedroom, one-bathroom residence has been thoughtfully transformed from top to bottom, offering the ideal lifestyle for families, couples or downsizers seeking something special. From the moment you arrive, the classic white picket fence, recycled brick accents and manicured landscaping create a warm and inviting street presence.
Step inside and you'll be instantly impressed by the home's traditional character features - soaring high ceilings, polished timber floors, original louver windows and decorative details that speak to its heritage. These have been perfectly complemented by a comprehensive renovation that brings modern comfort and functionality to every corner of the home.
The heart of the home is the light-filled open-plan kitchen and living area, which flows seamlessly to the north-facing alfresco - a perfect setting for entertaining family and friends or simply enjoying your morning coffee in the sun. The brand-new kitchen is a standout, complete with quality appliances, ample storage and contemporary finishes that will impress even the most discerning buyer.
All three bedrooms are generously sized, while the brand-new bathroom and laundry have been tastefully designed with modern flair. Fresh paint gives the home a crisp, clean feel, and split-system air conditioning ensures year-round comfort.
Outside, the improvements continue - with new exterior cladding, extensive landscaping, and extended parking for up to three cars, including space for a caravan, trailer or boat. Whether you're hosting a weekend barbecue, relaxing in the garden, or welcoming guests, this home caters to it all with ease and style.
Key features include:
• Beautifully renovated character home on 451sqm
• 3 spacious bedrooms | 1 modern bathroom | 3-car parking
• Stunning new kitchen, bathroom and laundry
• Open-plan living and dining flowing to north-facing alfresco
• Split-system air conditioning and fresh paint throughout
• Traditional features: high ceilings, timber floors, louver windows
• New exterior cladding, recycled brickwork and white picket fence
• Landscaped gardens and extended off-street parking
Located in a sought-after, family-friendly pocket of Palmyra, you'll enjoy easy access to local parks, shops, schools, cafes and public transport, all just minutes from Fremantle and the river.
This is a rare opportunity to secure a move-in-ready character home with all the hard work done. Just move in and enjoy the lifestyle!
Contact listing agent the Paul Parkinson Team 0400 002 974 for further information.
Rates & Local Information
Water Rates: $995.28 (2023/24)
City of Melville Council Rates: $1,734.83 (2024/25)
Zoning: R20
Primary School Catchment: Palmyra Primary School
Secondary School Catchment: Melville Senior High School
PLEASE NOTE: While every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change. It is recommended that you conduct your own due diligence before making any decisions based on this information.
Listing description written by Paul Parkinson, Mint Real Estate East Fremantle — reproduced as published, not verified by Districts.