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.
$1,380,000
Last sold
8 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
529 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
$1,380,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Palmyra (last 5 years) with land size have a median of $2,623/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
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
+10.8%
Median sale
Suburb $1,245,000
-0.29 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 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 529 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 529 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
$1,245,000
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 Mint Real Estate East FremantleStep into a world of charm, comfort, and character at 70 Elvira Street, Palmyra. Situated on a corner block directly across from the tranquil Millers Bakehouse Park, this beautifully renovated family home offers the perfect blend of old-world charm and modern convenience. With its welcoming front veranda, lush garden, and inviting interior, this property has everything you could wish for in a place to call home.
Property Overview:
• 3 Generously Sized Bedrooms - Spacious and light-filled, providing the perfect retreat for each family member
• 2 Modern Bathrooms - Featuring quality fixtures and ample space, designed for both comfort and functionality
• 2 Living Areas - Perfect for flexible living, offering space for a formal and informal entertaining
• Inviting Saltwater Pool - A stunning feature of the outdoor area, this low-maintenance saltwater pool comes equipped with a self-chlorination system and automatic timer, ideal for carefree summer fun and relaxation
• Undercover Alfresco - Perfect for entertaining guests or enjoying quiet moments with family, this outdoor space is the heart of the home, seamlessly blending indoor and outdoor living.
Recent Upgrades:
• Modern, Renovated Kitchen - The heart of the home is its beautifully designed kitchen, featuring sleek cabinetry, modern appliances, ample counter space, and a thoughtful layout that makes cooking a breeze
• Coolair Evaporative A/C - Enjoy cool, refreshing air during the warmer months, with a highly efficient, recently installed evaporative air conditioning system.
Lush Gardens & Outdoor Bliss - With an assortment of established fruit trees offering fresh produce throughout the year. The automatic watering system ensures the garden stays green and thriving, with minimal effort on your part.
Fruit trees include:
• Blood Orange
• Lemon
• Tahitian Lime
• Washington Naval Orange
• Mandarin
• Pomegranate
If you're looking for a property that combines charm, location, and modern living, this is the one for you!
Contact listing agent Paul Parkinson for further information and make this beautiful home yours.
Rates & Local Information
Water Rates: $1,281.06 (2023/24)
City of Melville Rates: $2,167.66 (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.