4/4 Petra Street, Palmyra WA 6157

Rear villa with yard | 2-bed single-level | 720/week rent | 46-year build | fully fenced privacy This villa’s large wraparound yard and rear position within a low-density eight-residence complex are rare for its type in Palmyra, offering private outdoor space that most two-bedroom villas lack. The single-level layout, built-in robes, split-system air conditioning, and security shutters suit downsizers or small households wanting low-maintenance living near Fremantle. At a 4.7 percent gross yield from the reported $720 weekly rent, it also appeals to investors seeking established suburb demand without the constraints of a high-rise or shared driveway. The 1980 build age may mean older plumbing, electrical, or insulation standards that could require updating, and the strata-title structure imposes shared maintenance responsibilities and governance. The small 88-square-metre lot limits land-value growth, and the villa’s rear orientation, while quiet, might reduce street appeal compared to front-facing units. Buyers should verify strata fees, reserve fund health, and any planned special levies, as these could affect holding costs and resale timing.