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 › Waddell Rd
$975,000
Last sold
14 Nov 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
162 m²
Land
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
$975,000
14 Nov 2025 · derived via latest_sale
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
-21.7%
Median sale
Suburb $1,245,000
+0.81 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 scheme
MELVILLE
Zone
Local road
796
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 1 Sept 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 1 Sept 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 162 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 162 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 1,117 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
$1,245,000
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 ResidentialEASY CARE PALMYRA LIVING!
Discover your low maintenance Palmyra home with this super practical and spacious two-storey townhouse, offering the perfect blend of comfort and convenience with no strata fees. Boasting three spacious bedrooms, two modern bathrooms and multiple living areas, this residence is ideal for first home buyers, investors or professionals seeking a versatile living space.
Located in a prime spot close to beautiful parklands, local schools, shops and public transport, this property ensures you're always connected to what matters. Enjoy the benefits of low-maintenance living in a vibrant community, making it an exceptional opportunity for your next move.
+ Chefs kitchen with 4x gas cooktop, 600mm oven, tiled splashback, rangehood, dishwasher, pantry, fridge recess, sink, polished stone benchtops with waterfall ends and extra overhead cabinetry
+ Open plan living with solid wide timber flooring and gas bayonet point
+ Multiple Split System Reverse cycle air conditioning units throughout
+ Upstairs living/study area
+ Spacious master bedroom with wall to wall, floor to ceiling built in robes, Juliette balcony and ensuite with shower, single vanity with stone benchtops, storage and WC - with full height tiling
+ Bedroom 2 is queen sized with double mirrored built in robes
+ Main bathroom offers bath, shower, single vanity with stone benchtops and storage with full height tiling
+ Separate WC
+ Bedroom 3 is queen sized with double mirrored built in robes
+ Laundry off kitchen with polished stone tops and separate powder room
+ Double automatic garage with storage space
+ Outdoor alfresco with full privacy.
+ NO STRATA FEES
+ Survey strata title lot
+ Walking distance to Melville Reserve, Leisure Fit Melville, public transport, Melville Plaza Shopping, plenty of cafes, Swan River and all other amenities
+ Leased for $830.00 per week until June 2026
For more information, please contact 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.