6/94 Hammad Street, Palmyra WA 6157

renovated 2-bed villa | 89sqm on 2067sqm strata | Melville Senior High zone | elevated Palmyra pocket This property offers a rare configuration advantage in Palmyra’s strata market — a genuinely spacious two-bedroom floorplan with a renovated kitchen and generous living area, sitting on a large shared lot that implies lower density and better common space than typical units. The elevated position adds privacy and light, while the Melville Senior High catchment and absence of overlays reduce friction for families or investors. For a buyer seeking a lock-and-leave home with good bones and room to add value through cosmetic updates, this villa competes well against newer but smaller townhouses nearby. The main risk is the strata context — the 2067sqm lot is almost certainly shared, meaning owners’ corporation fees and potential special levies must be scrutinised. The 2023 sale at $550 is anomalous and should be disregarded; the real buying case rests on the gap between the $822k–$838k estimate and the cost of comparable renovated villas in the corridor. Rental demand at $620–$745 per week supports a hold strategy, and the NBN FTTB and 5G coverage are functional but not decisive. Buyers should negotiate hard on the basis of strata risk and limited recent sales evidence, then hold for steady capital growth driven by Melville catchment demand.