PALMYRA 6157
State: WAPosiProp AI Investment Summary
PALMYRA (WA 6157) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 16.4%, with a median house buy price of $1,221,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$955,200
$1,270,000
$1,375,000
$1,221,000
Suburb Market Profile
Last month Palmyra had 21 properties available for rent and 41 properties for sale. Median property prices over the last year range from $1,221,000 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Palmyra rent out for $800 PW with an annual rental yield of 3.1% and units rent for $675 PW with a rental yield of 4.5%. Palmyra has seen an annual compound growth rate of 16.4% for houses and 15.4% for units.