OFF MARKET

51 Cleopatra Street
Palmyra WA 6157

Bedrooms: -
Bathrooms: 1
Car spaces: 4
Floor area: 145m2
Land area: 968m2
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Last updated 29 Apr 2024
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Property Details for 51 Cleopatra St, Palmyra

Building Type
Land
Year Built
1940
Floor Size
145m2
Land Size
968m2
Local Government
Melville
Lot/Plan
897/P160714

Last Listing description (July 2023)

This property is a fantastic opportunity for those with a vision. Whether you're a renovator looking to breathe new life into the existing house or a developer chasing a prime 968 sqm subdividable block (STCA) in the heart of Palmyra.Option #1. Renovate the existing house and subdivide to create front and rear propertiesOption #2. Renovate the existing house and keep the full blockOption #3. Demolish and create two new blocks Option #4. Demolish and build your dream home on the full block*** Please note all options are subject to council approvals ***There are so many opportunities for an astute buyer to capitalize on.Features:- Original timber floor boards- High Ceilings- Spacious rooms- Good floor plan / layout- Mature trees & gardens- Amazing location- North facing backyard- Minutes to schools, parks & public transport- Hugh- Huge 968 sqm subdivisable block (STCA)Don't miss out on this chance to create your dream home or invest in a promising development project (STCA). Contact listing agent Paul Parkinson on 0400 002 974 to explore the potential of this property and discuss further details.Rates & Local Information:Water Rates: $984.15 (2022/23)City of Melville Council Rates: $1604.54 (2022/23)Zone: R20Primary School Catchments: Palmyra Primary SchoolSenior School Catchments: Melville Senior High SchoolPLEASE NOTE while every effort has been made to ensure the given information, photos and floor plan are correct at the time of listing, this information is provided for reference only and is subject to change.

Property History for 51 Cleopatra St, Palmyra, WA 6157

A timeline of how this property has performed in the market
Last Sold
$1,000,000
31 May 2023
  • 31 May 2023
    Sold for $1,000,000
  • 01 Feb 2023
    Listed for Sale From $1mill

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About Palmyra 6157

The size of Palmyra is approximately 3.1 square kilometres. It has 18 parks covering nearly 3.5% of total area. The population of Palmyra in 2011 was 6,609 people. By 2016 the population was 6,939 showing a population growth of 5.0% in the area during that time. The predominant age group in Palmyra is 30-39 years. Households in Palmyra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmyra work in a professional occupation. In 2011, 67.1% of the homes in Palmyra were owner-occupied compared with 67.6% in 2016.

Palmyra has 4,308 properties. Over the last 5 years, Houses in Palmyra have seen a 73.55% increase in median value, while Units have seen a 79.76% increase. As at 31 January 2025:

  • The median value for Houses in Palmyra is $1,124,792 while the median value for Units is $669,085.
  • Houses have a median rent of $790 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Palmyra on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Palmyra.

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