Palmyra Suburb Profile
Western Australia 6157

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Palmyra has 4,321 properties. Over the last 5 years, Houses in Palmyra have seen a 59.01% increase in median value, while Units have seen a 46.96% increase. As at 31 May 2024:

  • The median value for Houses in Palmyra is $1,027,975 while the median value for Units is $573,431.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 11 properties listed for sale, and 9 properties listed for rent in Palmyra on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Palmyra.

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.

Suburb Insights for PALMYRA 6157

Market Insights
Palmyra Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Palmyra Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 6,939

0-9

 

13%

10-19

 

10%

20-29

 

12%

30-39

 

17%

40-49

 

15%

50-59

 

12%

60-69

 

10%

70-79

 

6%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 06/07/2024

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.