3/31 Murray Rd, Palmyra is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 177m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
INVESTMENT NEST
IDEALLY LOCATED CLOSE TO SHOPS, BUS AND CAFES THIS THREE BEDROOM BRICK AND TILE VILLA, IS IN A SMALL GROUP OF FOUR WITH THE FRONT CARPORT ADDS PRIVACY TO THE VILLA. COMPRISING OF SEPARATE LIVING ROOM WITH TILED WALKWAY LEADING THROUGH TO THE OPEN PLAN KITCHEN/DINING AREA. THE CORNER KITCHEN HAS AN UPRIGHT STOVE, DOUBLE SINK AND WRAP AROUND WORKBENCH OVERLOOKING THE DINING AREA WITH SLIDING DOORS THAT LEAD OUT TO A COVERED PAVED PATIO. ENTERTAIN OUTDOORS UNDERCOVER OR SIT IN THE WINTER SUN IN THE SMALL EASY MAINTAINED REAR BACKYARD GARDEN. THE FRONT MASTER BEDROOM HAS A WALK-IN WARDROBE NICHE AND THE TWO REAR BEDROOMS ARE SWAMPED WITH NATURAL LIGHT; ONE HAS A BUILT-IN WARDROBE. TILED FLOORS CONTINUE THROUGH TO THE LAUNDRY, SEPARATE TOILET AND THE BATHROOM WITH LARGE SHOWER AND VANITY. THERE IS DUCTED EVAPORATIVE AIR CONDITIONING FOR SUMMER AND GAS BAYONETS FOR WINTER HEATERS. INCLUDED IS A LOCK UP BRICK STOREROOM. PERFECTLY POSITIONED NEXT TO MAJOR TRANSPORT, POPULAR MELVILLE SHOPPING CENTRE AND A RANGE OF EATERIES, WITH MELVILLE RECREATION CENTRE NEAR BY, THERE IS NO NEED FOR A CAR. THIS IS A PERFECT INVESTMENT PROPERTY OR AN IDEAL LOCK AND LEAVE FOR THE FIFO WORKER OR FREQUENT TRAVELLER.
The size of Palmyra is approximately 3.1 square kilometres. It has 18 parks covering nearly 3.5% of total area. The population of Palmyra in 2016 was 6950 people. By 2021 the population was 7585 showing a population growth of 9.1% in the area during that time. The predominant age group in Palmyra is 30-39 years. Households in Palmyra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmyra work in a professional occupation.In 2021, 71.20% of the homes in Palmyra were owner-occupied compared with 67.60% in 2016.
Palmyra has 4,317 properties. Over the last 5 years, Houses in Palmyra have seen a 86.75% increase in median value, while Units have seen a 90.14% increase. As at 31 December 2025:
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