SOLD
Sold on 07 Mar 2024 for $540,000

8/4 Petra Street
Palmyra WA 6157

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 88m2
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Property Details for 8/4 Petra St, Palmyra

8/4 Petra St, Palmyra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 88m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Palmyra in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
71m2
Land Size
88m2
Local Government
Melville
Lot/Plan
8/S006454

Last Listing description (April 2024)

70's architecture and styling is back in vogue!From the outside, the face brick and arches show no hints of the complete and exhaustive renovation this groovy circa 1978 hacienda has undergone.All the costly, big ticket improvements have been updated with a bold and contemporary edge. Positioned at the end of the end of the group with access around the side of the property and no common walls to living areas, there's certainly room to move here with generous front and rear courtyards and a private outdoor entertaining area off the kitchen.Always sought but seldom found, there's also a secure garage with lots of extra parking for visitors and extra cars.With only a few superficial improvements required to make a big difference, this affordable "entry point" investment opportunity ticks a lot of boxes for you in the long term.> Tastefully updated street front villa (entry from Marmion St)> Two bedrooms with large robes and split system a/c units> Spacious open plan living zone with built-in desk and a further split system a/c > Uber cool kitchen with induction cook-top, built-in oven, dishwasher and pull-out pantry> Sleek modern bathroom and laundry> Well managed strata group - $700 p/q strata fees> Council Rates $1638 p/a> Water Rates $916.00 p/a

Property History for 8/4 Petra St, Palmyra, WA 6157

A timeline of how this property has performed in the market
Last Sold
$540,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $540,000
  • 21 Feb 2024
    Listed for Sale Offers from $495,000
  • 31 Oct 2020
    Sold for $379,000
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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 4,305 properties. Over the last 5 years, Houses in Palmyra have seen a 73.95% increase in median value, while Units have seen a 74.62% increase. As at 31 October 2024:

  • The median value for Houses in Palmyra is $1,114,761 while the median value for Units is $642,433.
  • Houses have a median rent of $840 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Palmyra on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Palmyra.

Suburb Insights for Palmyra 6157

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.