St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › St James › Palmerston St
$840,000
Last sold
2 Oct 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
418 m²
Land
185 m²
Building
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
$840,000
2 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in St James (last 5 years) with land size have a median of $1,841/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs St James
-18.8%
Median sale
Suburb $1,035,000
+0.72 pp
Gross yield
Suburb 3.12%
Suburb median $1,035,000 from 30 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 418 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 $621/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 418 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
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Verse Property GroupIn Property, some of the best value is derived from prospects that provide everything that is essential and waste nothing on what is not.
35 Palmerston Street in St James, is that high quality, “clean skin” family home, you've been looking for.
Do not hesitate to inspect, as with all things essential, this home will not take long to find its keeper.
Presented in impeccable, pristine condition, this spacious 4 bedroom, 2 bathroom dual living area with rear garden space, sheds and double carport/garage is discreet, stylish, perfectly located and offers room to improve, while at once having nothing to do but move into.
Freshly painted, refitted with LED lighting throughout and presented in 'better than original' condition, this family sized, single story, premium built, street front home, is a secure, inner urban home-base, ideal for a new and/or growing family, or premium 'downsizer' for those looking for generous floor space while maintaining 'low-maintenance' upkeep and peace of mind, not to mention a sound investment with 'high yield' rental potential, primed and prepared for immediate, strong returns.
Features include;
- 4 good sized bedrooms
- 2 pristine bathroom (Incl. ensuite)
- 2 generous living areas including large open plan Kitchen/Dining/Family and lounge
- Ducted Air conditioning
- Secure, off street parking
- Newley Painted throughout
- New 'LED' lighting throughout
- Open plan onto easy flow, patio space
- Nice sized rear 'secret' garden
- NO STRATA LEVIES or associated common property.
Do not hesitate to inspect as this kind of quality does not stay unloved for long.
Call Julian (419936202) or Jackson (0420719978) for inspection / information
Listing description written by Julian Leach, Verse Property Group — reproduced as published, not verified by Districts.