Download your FREE reports now!

Investment Property Palmyra, WA, 6157

Suburb Snapshot

Palmyra is a suburb in the Melville Region of Western Australia. Palmyra has a population of 6,954 people and 25.13% of its occupants live in rental accommodation. The median listing price for houses is $875,000 and this has changed 16.66% over the past year and changed 29.62% over 2 years.

The median rent in Palmyra for houses is $650 per week and the median rental yield is 3.86%. Stock on the market for houses/townhouses has changed -36.36% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $450,000 and this has changed 7.78% over the past year. The average unit takes 66 days to sell and the median rent for a unit in Palmyra is $500 per week, producing a rental yield of 5.77%.

Supply & Demand in Palmyra, Melville

0.57%

Current vacancy rate


22

Rental stock available


6,954

Population


25.13%

Rental population


0.54%

Current vacancy rate


250

Rental stock available


98,078

Population


20.56%

Rental population


0.62%

Current vacancy rate


7,457

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Palmyra, Melville

  House Townhouses Units
Median listing price $875,000 $525,000 $450,000
Median price change - last quarter 12.90% 5.21% 0.00%
Median price change - 1 year 16.66% 19.58% 7.78%
Median price change - 2 years 29.62% 22.09% 5.88%
  House Townhouses Units
Median weekly rent $650 $550 $500
Median yield % 3.86% 5.44% 5.77%
Median rent change - 1 year 8.33% 19.56% 11.11%
  House Units
Previous month sales 0 0
Stock on market previous month 28 5
Stock variance vs. last year -36.36% -64.29%
Average days on market 61 66

Palmyra investment property listings

Showing 5 of 39 investment properties found in Palmyra on realestateinvestar.com.au

57 Baal St, Palmyra

$1,750,000

property pic

1800 sqm Development Potential

Unveiling an extraordinary opportunity at 57 Baal St, Palmyra - a property brimming with exceptional development potential (STCA). Situated on an expansive 1800 sqm block zoned R20, this rare gem offers endless possibilities for those with a vision for the future. Set against the backdrop of John ...

Get more info on this property
rei

3

rei

1

rei

3

House

WA 6157


4A MURRAY Rd, Palmyra

$700,000

property pic

FIRST TIME OFFERED - SPACIOUS VILLA

Inspections By Appointment LARGE 375 SQM LOT - PRIME LOCATION No Strata fees, self-managed group of 3 villas. Not to be missed! This spacious villa packs a punch with great sizes, a large land holding, a low maintenance yard, and a superb location close to shops, restaurants, and public transport. ...

Get more info on this property
rei

3

rei

1

rei

2

House

WA 6157


17 Elvira St, Palmyra

$1,590,000

property pic

Prime R50 development site

Welcome to 17 Elvira Street Palmyra Please note this property is being sold in an "AS IS" condition. 1075 sqm lot, zoned R50, in a highly sort after location - In the "Stammers precinct". Whether you're an investor looking for your next project, or a family wishing to utilise a large block to ...

Get more info on this property
rei

3

rei

1

rei

0

House

WA 6157


1/19 Goy Ct, Palmyra

$0

property pic

ALL ABOUT LIFESTYLE AND LOCATION WITHOUT THE MAINTENANCE

WHAT WE LOVE This is an incredible opportunity to secure a large and spacious villa in one of the most highly source after suburbs in Perth. The floor plan of approximately 95m2 allows room to move inside and the 223m2 lot means outdoors you also have plenty of room to entertain. This small group ...

Get more info on this property
rei

3

rei

1

rei

1

Townhouse

WA 6157


18D Elvira St, Palmyra

$0

property pic

STUNNING FAMILY RESIDENCE

This private and secure STREET FRONT property located on the doorstep of East Fremantle, is ideally suited to a family looking for a spacious floor plan with entertaining options that mean you will be hosting the gatherings for years to come! Sitting on an impressive 500sqm GREEN TITLE BLOCK with ...

Get more info on this property
rei

3

rei

2

rei

2

House

WA 6157


Navigate to more Suburbs, Regions or States