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 › Solomon St
$1,600,000
Last sold
10 Apr 2025
3
Bedrooms
2
Bathrooms
3
Car spaces
539 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
$1,600,000
10 Apr 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
+28.0%
Median sale
Suburb $1,250,000
-0.64 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 539 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 539 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 one of the most breathtaking properties to hit the Palmyra market! A home that seamlessly blends timeless character with high-end contemporary living, this stunningly renovated residence is sure to impress the most discerning buyer.
Boasting three spacious bedrooms, two designer bathrooms, secure parking for three cars, a sparkling solar-heated swimming pool, and the ultimate man cave, this home offers an unparalleled lifestyle in a sought-after location.
From the moment you step inside, you'll be captivated by the attention to detail and superior craftsmanship. Featuring beautiful Jarrah floorboards, soaring ceilings, plantation shutters, exquisite period architraves, and elegant light fittings, every element of this home has been carefully curated for both comfort and style.
The master suite is a true retreat, offering built-in robes and a luxurious ensuite with heated floors, towel rails, and quality fixtures and fittings. The two generously sized minor bedrooms provide the perfect space for children, guests, or a home office, ensuring versatility for all stages of life.
The second bathroom is nothing short of spectacular, featuring heated floors and towel rails, a deep soaking bath, and high-end finishes-the perfect place to unwind and indulge after a long day.
The open-plan kitchen, dining, and living area is the true heart of this home. The beautifully designed gourmet kitchen is a chef's dream, featuring stone benchtops, high-quality fixtures and fittings, ample storage, and top-of-the-line appliances. Whether you're preparing a family feast or hosting friends, this space is both functional and stylish.
The adjoining light-filled lounge and dining area seamlessly flows to an expansive outdoor entertaining space, creating the ultimate indoor-outdoor lifestyle.
Step outside to one of the most impressive outdoor entertaining areas we've seen in a long time. With multiple zones for dining and relaxing, this space is designed for unforgettable gatherings with family and friends. Whether you're hosting summer barbecues, intimate dinner parties, or simply enjoying a peaceful morning coffee, this outdoor area has it all.
The sparkling solar-heated swimming pool adds an extra layer of luxury, offering enjoyment and a resort-style feel.
If you've ever dreamed of your own man cave, workshop, or additional storage space for your camper or boat, this property delivers! The impressive shed is currently set up as a man cave but could easily be transformed into a workshop, studio, or extra storage space-offering endless possibilities.
With secure off-street parking for three cars, there's ample room for vehicles, trailers, and all the toys!
Additional Features You'll Love:
• Heated floors & towel rails in both bathrooms for ultimate comfort
• Stone benchtops in the kitchen & bathrooms with high-quality fixtures & fittings
• Split-system reverse cycle heating & cooling for year-round comfort
• Landscaped reticulated gardens creating a lush and private retreat
• Beautiful period detailing including architraves, cornices & stylish light fittings
• Secure parking for three cars
This is more than just a home-it's a statement of luxury, comfort, and effortless entertaining. Homes of this calibre in Palmyra rarely become available, so don't miss this incredible opportunity!
Contact the The Paul Parkinson Team for further information 0400 002 974
Rates & Local Information
Water Rates: $1,182.96 (2023/24)
City of Melville Council Rates: $1,939.36 (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.