50 Petra StreetPalmyra WA 6157
Property Details for 50 Petra St, Palmyra
50 Petra St, Palmyra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 1052m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom House sold in Palmyra in the last 12 months.
Last Listing description (October 2025)
Expressions of Interest Closing 6PM Wednesday 04/12/24.
Nestled in a highly sought-after pocket of Palmyra abutting the East Fremantle border, this sprawling 1,052m property, zoned R20 offers a rare combination of character, charm and exciting future prospects. With a character-filled home, a large land area, and zoning that presents exceptional development potential, this property is perfect for astute buyers, developers, or those looking to secure a substantial parcel of land with a gorgeous character home welcoming you to add your own touch in a prime location.
Retain the home and bring to life with a full renovation, extend or explore the options for subdivision. Take your pick, all the options you could ever wish for are here awaiting the lucky new owner(s) to decide upon the next chapter. Unprecedented opportunity awaits.
The existing character home showcases all the classic features of its era, including high ceilings, jarrah flooring and skirting, ornate ceiling details and expansive windows that invite natural light into the spacious rooms. While the property is ripe for renovation, it also provides plenty of room for expansion. For those with a vision, this home offers an excellent canvas to restore or modernize, transforming it into a contemporary haven while retaining its timeless charm.
Whether you envision a spacious extension, a luxurious outdoor entertaining area, or a pool and landscaped gardens, the size and layout of the block will easily accommodate these ideas. This could potentially be done whilst subdividing some of the huge backyard into a new allotment and using these funds for the extension.
The location of this property only adds to its appeal. Palmyra is known for its family-friendly atmosphere and proximity to some of Perth's most desirable lifestyle amenities. The property is located in this most convenient of locations just moments from local shops, cafs, Woolworths, East Fremantle Football oval and the thriving Fremantle precinct offering a wealth of dining, shopping, and entertainment options. Public transport links are also easily accessible, providing convenient access to Fremantle, the Perth CBD, and surrounding areas. A short drive will also lead you to some of the most beautiful beaches along the Western Australian coastline.
This is a rare opportunity to secure a substantial parcel of land with limitless potential in one of Palmyra's most desirable locations. Whether you're looking to renovate the existing character home, subdivide the land for development, or build your dream family sanctuary, this property offers the versatility to suit a variety of needs.
Don't miss out on this fantastic opportunity. Properties with this combination of size, location and potential are highly sought after and do not come around often.
*Disclaimer note
Information provided within this advertisement is for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries prior to making any offer.
Property History for 50 Petra St, Palmyra, WA 6157
- 26 Mar 2025Sold for $1,800,000
- 16 Nov 2024Listed for Sale Price on Application
- 05 Nov 1997Sold for $200,000
Recent sales nearby
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About Palmyra 6157
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 4,318 properties. Over the last 5 years, Houses in Palmyra have seen a 84.95% increase in median value, while Units have seen a 79.31% increase. As at 30 November 2025:
- The median value for Houses in Palmyra is $1,276,983 while the median value for Units is $705,534.
- Houses have a median rent of $780 while Units have a median rent of $700.
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