Thinking about buying in Palmyra? Now could not be a better time, with 5354 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $820,000 with prices in this suburb ranging from $164,000 to $2,825,000. Palmyra is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $359.10 |
Median Monthly Mortgage | $2019.90 |
Median Persons Per Bedroom | 0.75 |
Average Household Size | 2.20 |
Average Age | 38.50 |
Average Income | $1023.00 |
Average Cars Per Dwelling | 1.67 |
Average Properties Within 50M | 30 |
1 Bed  $809,000 |
2 Bed  $567,000 |
3 Bed  $911,000 |
4 Bed  $1,295,000 |
5 Bed  $1,141,000 |
6 Bed+$962,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Palmyra ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Palmyra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Palmyra requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 1, 333 CANNING HWY, PALMYRA, WA, 6157 | 2 | 1 | 2 | Contact Agent |
Palmyra Primary School
Our Lady of Fatima School
Bicton Primary School
Richmond Primary School
Mel Maria Catholic Primary School
Melville Senior High School
Caralee Community School
Fremantle Language Development Centre
Melville Primary School
Attadale Primary School
(While the above schools are located with the suburb of Palmyra there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 18.8 | 30.9 | 36.5 | 79.2 | 5.2 | 29.3 |
Feb | 0.8 | 19.0 | 30.3 | 39.1 | 80.6 | 4.8 | 25.4 |
Mar | 0.7 | 18.0 | 28.4 | 41.8 | 82.4 | 4.4 | 19.9 |
Apr | 1.0 | 15.6 | 25.6 | 43.4 | 85.1 | 4.0 | 15.8 |
May | 2.7 | 12.4 | 22.4 | 44.6 | 86.7 | 4.1 | 12.3 |
Jun | 4.2 | 10.8 | 19.7 | 50.8 | 89.6 | 4.2 | 10.2 |
Jul | 5.3 | 10.1 | 18.4 | 53.2 | 92.6 | 4.6 | 10.3 |
Aug | 3.8 | 10.5 | 19.1 | 51.5 | 92.0 | 4.5 | 13.3 |
Sept | 2.4 | 11.1 | 20.1 | 48.6 | 89.3 | 4.6 | 18.3 |
Oct | 1.3 | 13.1 | 22.9 | 46.8 | 87.6 | 4.6 | 23.4 |
Nov | 0.6 | 15.3 | 26.2 | 40.8 | 82.8 | 4.9 | 28.1 |
Dec | 0.4 | 17.2 | 28.6 | 37.4 | 79.8 | 5.1 | 30.6 |
source: Australian Government Bureau of Meteorology
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