32 Palmerston St, St James is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1956. The property has a land size of 1029m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Best Investment opportunity in the area.
With a well presented, easily rented, comfortable air conditioned home, offering 3-4 great sized bedrooms inclusive of a generously proportioned, King sized 'Sleep out' 4th, adjacent its own sun / rumpus room at the rear of the house, 32 Palmerston not only offers great growth potential due to generous (1032Sqm) block size and location, but for those with the skill and patience, a lucrative, low risk invest/development pathway proven (by recent local owner/developers) to make profits from the 'retain and build' development opportunity of the property or 'sooner than later' proposed 'rezoning'.
At 32 Palmerston, there exists great opportunity for anyone who knows how to make the most of a flat, sizeable block as well as having the skill to renovate the current structure/s and/or build new property in among other high end and high quality neighborly builds.
The size of St James is approximately 1.7 square kilometres. There are 11 parks, covering nearly 2.1% of the total area. The population of St James in 2016 was 4905 people. By 2021 the population was 4894 showing a population decline of 0.2% in the area during that time. The predominant age group in St James is 20-29 years. Households in St James are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St James work in a professional occupation.In 2021, 51.10% of the homes in St James were owner-occupied compared with 50.60% in 2016.
St James has 2,536 properties. Over the last 5 years, Houses in St James have seen a 78.86% increase in median value, while Units have seen a 116.13% increase. As at 31 July 2026:
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