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
$920,000
Last sold
12 June 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
1,027 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
$920,000
12 June 2024 · derived via latest_sale
Local land rate: recorded House sales in St James (last 5 years) with land size have a median of $1,854/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
-11.1%
Median sale
Suburb $1,035,000
+0.39 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 1,027 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 1,027 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 Lally Real EstateNow Sold - More properties wanted, please let us know if you are thinking of selling.
1027sqm / R40 Property TO BE SOLD
Ian Hutchison Real Estate is proud to present for sale 37 Palmerston Street, St James. The first time this property has been offered for sale. This rare offering is an exceptional and highly appealing investment or development prospect.
The property features a versatile two bedroom, original brick and tile home with a solid 1970's extension on a large 1027sqm block with tremendous development potential.
For the savvy developer, you are not limited by options. The existing 1950's dwelling has the potential to be retained and renovated or you can demolish and take full advantage of the attractive R40 zoning. Opening up a myriad of options including side by side developments (utilising the ultra-wide 22.7m frontage) or building one behind the other.
This could also be the perfect location to build your future family home. Go big or choosing your ideal block size and position for your dream home. Subdividing what is left to contribute to your build.
We encourage you to do your due diligence on this spectacular property right away, you will not want to miss this phenomenal opportunity.
Situated less that 10KM from Perth, this is a phenomenal opportunity not to be missed.
Key Features
• Zoned R40 under City of Canning LPS42
• 22.7m frontage
• Depth of 45.2m
• Potential 4 unit site
Property is being sold strictly on an 'As Is, Where Is' basis. All development scenarios subject to Council and WAPC approval.
All this and so much more, with long list of excellent facilities nearby including easy access to public transport, Bentley Plaza, Westfield Carousel, Curtin University and the vibrant Victoria Park Café Strip.
Property is being sold by "Best Offer By 4pm Tuesday 14th May 2024" with a buyers guide of 'Offers Over $950,000'
(* Sellers reserves the right to sell the property prior to the end date.)
Council Rates: $1,968.06 pa
Water Rates: $1,116.35 pa
Listing description written by Ian Hutchison, Lally Real Estate — reproduced as published, not verified by Districts.
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