OFF MARKET

32 Palmerston Street
St James WA 6102

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 1029m2
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Property Details for 32 Palmerston St, St James

32 Palmerston St, St James is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1956. The property has a land size of 1029m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1956
Floor Size
120m2
Land Size
1029m2
Local Government
Canning
Lot/Plan
69/P005094

Last Listing description (March 2018)

Best Investment opportunity in the area.
With a well presented, easily rented, comfortable air conditioned home, offering 3-4 great sized bedrooms inclusive of a generously proportioned, King sized 'Sleep out' 4th, adjacent its own sun / rumpus room at the rear of the house, 32 Palmerston not only offers great growth potential due to generous (1032Sqm) block size and location, but for those with the skill and patience, a lucrative, low risk invest/development pathway proven (by recent local owner/developers) to make profits from the 'retain and build' development opportunity of the property or 'sooner than later' proposed 'rezoning'.
At 32 Palmerston, there exists great opportunity for anyone who knows how to make the most of a flat, sizeable block as well as having the skill to renovate the current structure/s and/or build new property in among other high end and high quality neighborly builds.

The latter proof positive now that Palmerston street, St James has fast become no doubt a value proposition for those who want a more affordable passage toward large, luxury dwellings that either don't fit on the smaller inner - urban block sizes of Vic Park and closer in (to the CBD) and/or offer less financial security from investing into smaller block size and real 'land valuenNB* Canning Council has voted to approve 'Rezoning* to R40' in the foreseeable (

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Property History for 32 Palmerston St, St James, WA 6102

A timeline of how this property has performed in the market
Last Sold
$720,000
14 Dec 2017
Listed for Rent
$410/w
05 Feb 2016
  • 14 Dec 2017
    Sold for $720,000
  • 08 Dec 2017
    Listed for Sale 'From $699,000'
  • 13 Nov 2015
    Listed for Rent - Price not available
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About St James 6102

The size of St James is approximately 1.7 square kilometres. It has 11 parks covering nearly 2.1% of total area. The population of St James in 2011 was 4,532 people. By 2016 the population was 4,894 showing a population growth of 8.0% in the area during that time. The predominant age group in St James is 20-29 years. Households in St James are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St James work in a professional occupation. In 2011, 49.4% of the homes in St James were owner-occupied compared with 50.6% in 2016.

St James has 2,519 properties. Over the last 5 years, Houses in St James have seen a 74.83% increase in median value, while Units have seen a 92.76% increase. As at 31 October 2024:

  • The median value for Houses in St James is $833,517 while the median value for Units is $588,484.
  • Houses have a median rent of $675 while Units have a median rent of $600.
There are currently 12 properties listed for sale, and 6 properties listed for rent in St james on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in St james.

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