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.
$1,185,000
Last sold
22 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
189 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
$1,185,000
22 June 2026 · 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
-5.2%
Median sale
Suburb $1,250,000
+0.16 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 189 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 189 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 Caporn Young Estate Agents FremantleOpportunities like this rarely come along. This is a chance to secure a quality home in one of the best pockets of Palmyra. Positioned on a peaceful no through street within a quiet and well maintained complex of just four residences, this well presented three bedroom, two bathroom home offers comfortable, low maintenance living in a highly convenient location. With Garden City, Melville Plaza, public transport and Melville Senior High School all close by, and Fremantle and the Attadale foreshore just a short drive away, the location is ideal for investors, professionals and families alike.
The home offers generous proportions with multiple living areas, providing flexibility for everyday living, working from home or entertaining. Split system air conditioning ensures year round comfort.
The main entry leads you into a very generous family room which can easily be converted into a fourth bedroom with walk in robe or theatre room with a separate study.
Through the hallway and at its heart, downstairs sits the modern open plan kitchen, connecting seamlessly with the main living and dining zone and flowing out to the covered alfresco, with low maintenance, easy-care gardens—perfect for relaxed entertaining without the upkeep.
Downstairs also boasts a powder room with a separate laundry which connects to the secure double garage with a generous storeroom, providing both convenience and peace of mind.
The upstairs master bedroom is generous in size and includes a built-in robe and ensuite with access to a private balcony offering a peaceful and private retreat. Upstairs also boasts two additional queen sized bedrooms with built-in robes serviced by a large family bathroom with bath.
Currently leased on a fixed term agreement paying $875 per week until 16 October 2026, the property presents as a strong investment opportunity offering immediate rental income and long term potential.
With easy access to local shops, transport and schools, this home is perfectly suited to investors seeking a ready made rental or buyers looking for space and convenience in a well connected location.
• Rare opportunity within a small group of four homes
• Quiet no through street location
• Three bedrooms including master with ensuite and balcony
• Multiple living areas offering flexibility and space
• Options to convert the existing family room into a 4th bedroom / Theatre & Study
• Covered alfresco with low-maintenance gardens
• Secure double garage and split system air conditioning
• Suitable for investors, professionals, retirees or young families
Council Rates: Approx $2,586 per annum
Water Rates: Approx $1,470 per annum
Strata: Approx $1,000 per annum
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Listing description written by Hannah Tallon, Caporn Young Estate Agents Fremantle — reproduced as published, not verified by Districts.