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2/93 Elvira Street, Palmyra WA 6157

FROM $789,000

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$789k - $828k Transparent Transparent Listing Based on an openly advertised listing price.

Land 480 m²

Listed: 2 days ago

Overview

This vacant block in Palmyra offers a rare opportunity to create a custom home in a sought-after, family-friendly neighbourhood. Boasting a generous 480 m8 land area, the near-square shape presents excellent flexibility in design, letting buyers tailor their ideal living space.

Privacy is a key highlight with the lot set back from the street and accessed via a private 3.4-metre-wide driveway, delivering a tranquil and secluded environment. The northern boundary spans over 19 metres, perfect for positioning living areas and outdoor entertaining spaces to capture natural winter sunlight, enhancing comfort and energy efficiency.

A blank canvas for professionals, young families, or investors, the site benefits from proximity to local primary schools, shopping amenities, and sports facilities, ensuring convenience and lifestyle appeal. Moreover, changes in federal tax policy increase the attractiveness for investors targeting new builds with potential capital gains advantages.

With easy access to Fremantles vibrant markets, cafes, and beaches, this land parcel combines lifestyle, functionality, and investment promise in a prime location.

Local Market Insights

In Palmyra, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $669,000. The property type mix of listed properties is predominantly Houses at 56%, followed by villas (14%), and units (8%). The only agency with for land listings currently monitored in the Palmyra area is Haiven Property. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.