6/10-12 Palin Street, Palmyra WA 6157

6/10-12 Palin Street, Palmyra WA 6157
Recently renovated villa | quiet cul-de-sac | steps to park | strong rental listing This property presents a competitively strong offering for an investor seeking a low-maintenance entry into the established river suburbs. Its recent full renovation with contemporary finishes eliminates immediate capital outlay, while the quiet cul-de-sac position adjacent to parkland provides a tangible lifestyle premium that supports tenant retention and appeals to small families. The three-bedroom villa configuration is a persistent rental commodity in this area, and the current listed rent commands a healthy yield against the estimated value, indicating established market demand. Proceed with caution due to significant data discrepancies on land size, which must be resolved through a title search as it impacts future value and utility. The lack of clear comparable sales in the immediate vicinity requires a conservative valuation approach. This property is best acquired as a long-term hold, leveraging its modernised condition and location for stable rental income, with the understanding that its unit title may limit capital growth relative to free-standing houses in the broader precinct.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Palmyra is a tightly held, family-oriented suburb underpinned by a highly educated professional demographic, driving consistent demand for its well-located housing. This demand from affluent families and investors, supported by quality school catchments and transport links, fuels a competitive market with remarkably swift sales. Recent price growth has been robust, reflecting this strong underlying appeal, though the market is normalising towards steadier capital growth as listings increase and broader Perth conditions influence its trajectory.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

2579m²

Built

Recent Assessments