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 › Mcgregor Rd
For sale
For sale
2
Bedrooms
2
Bathrooms
1
Car spaces
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
Asking
No recorded sale price for this property yet.
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.
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. 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.
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 One ResidentialURBAN SANCTUARY. COURTYARD BLISS.
Through the secure, gated entrance, a world of resort-style ease awaits. Native treed surrounds merge into stunning landscaped grounds, as they unfold to a 25-metre heated pool, spa, sauna, gym, games room, and poolside cabana with barbecue facilities - and that's all before setting foot inside. Close to Freo's cultural hub, beautiful beaches, and the river, this brilliant location offers endless options for shopping, dining, and leisure - plus, the weekend farmers' markets a short stroll away.
Set within the village-like community of Palmyra Apartments East, this two-bedroom, two-bathroom apartment is the epitome of luxurious lock-and-leave living. Security is exceptional with guest intercom, remote-controlled driveway gates, CCTV surveillance, fob access, secure car bay, and even a storeroom - leaving you more time to enjoy the communal facilities and nearby lifestyle attractions.
Located on the GROUND FLOOR of building one, inside is immaculate - natural northern light and a neutral contemporary interior that offers a stylish backdrop. The laundry/main bathroom is immediately on your right, alongside a bedroom with mirrored robes, with great separation between the bedrooms, as the air-conditioned, open-plan layout flows to a modern fully equipped corner kitchen complete with quality finishes and intimate dining space.
Sliding doors stack open to the NORTH-FACING courtyard, framed by lush complex greenery, creating effortless indoor-outdoor entertaining - perfect for your morning coffee or a sunset soirée with guests, before spilling out to your very own private alfresco entertaining zone. Nearby, the master bedroom shares the leafy outlook, with air conditioning, a walk-in robe, and ensuite.
Ideal for a range of buyers, this is an attractive proposition for so many: first home owners, professionals, downsizers, or investors seeking strong rental yields in a thriving, high-growth area. Managed by a reputable strata, with impeccably maintained grounds and amenities, this is the kind of investment that ticks every box and more.
Stylish, secure, and perfectly positioned - this is a superb ground-floor apartment in the heart of Palmyra, with all the benefits of resort-style luxury and a private outdoor haven all your own.
Other features include:
+ Resort-style apartment living in Palmyra Apartments East complex
+ Located on the ground floor of building One
+ Impeccably landscaped grounds
+ Luxurious residents' facilities: 25 metre heated pool, spa, sauna, gym, games room, poolside cabana with BBQ, communal garden
+ Excellent security: guest intercom, remote-controlled driveway gates, CCTV surveillance, fob access, secure undercover car bay, storeroom
+ Master bedroom with A/C, WIR, ensuite
+ Second bedroom with mirrored BIRs
+ Laundry/bathroom
+ Open plan living, dining & kitchen with A/C
+ North-facing spacious courtyard
+ Excellent location close to Freo, beaches, the river
+ Minutes from shops, restaurants, cafés, parks, local schools, farmers markets, public transport
+ Ideal for first home buyers, professionals, downsizers, investors seeking strong rental yields
+ School Catchment: Palmyra Primary School, Melville Senior High School
+ Council Rates: $1,851.55 per annum approx
+ Water Rates: $1,172.49 per annum approx
+ Strata Levies: $1,008.70 per quarter
For more information, please contact listing agent Michael Forzatti on 0419 904 907.
Disclaimer:
* The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Michael Forzatti, One Residential — reproduced as published, not verified by Districts.