Back 38 Palmerston Street
Off Market

38 Palmerston Street

St James WA 6102

4
3
5
0 m²
1029 m²
House
Julian LeachJulian Leach, last sold this property on 28 April 2024 after 15 days on market.

Overview

Generous, Street front Family sized House and Land (1029 SQM), with Development (Zoned R40) Potential.

38 Palmerston street in St James is a renovated and recently painted, split level, 3 to 4 (adjoining Office 4th) bedroom, one of a kind, street front home with a unique flow across multiple living areas. Boasting a generously proportioned bathroom and sizable chef's kitchen, overlooking a unique, split-level sunroom, with a rear family rumpus room, both of which, open onto a 1st class "Lap Pool", flanked by manicured lawn, gardens and covered patios. 38 Palmerston is indeed generous in terms of space, while effortlessly providing with a diverse set of unique living options and areas. Full size 1029 SQM development potential (R40) sites within 10 km of the Perth CBD are becoming rarer by the week. Combining a sizable house, ample and admirable for a large family home and rear pool & garden sanctuary or straight forward in achieving great rental returns as a 'high yield investment', 38 Palmerston street, will keep you with land value assured, in the notion that a 2, 3 to 4 unit development potential is but a step or two away. Complemented by sizable outdoor living and entertainment space/s, the front house, pool and gardens are bookended by a standalone, two level, built structure, ideal for upgrade/improvement to a stand-alone Pool house/Granny flat (2nd dwelling option), ideal perhaps for long-term lodger/s/short stay/Air B&B, (high yield) rental. Currently occupied and taken personal care of by great tenants on a periodical lease, willing to consider a long-term agreement or able to move in time to be settled by Owner/Occupiers. Whatever the case, there is little that can compare areawide with the quality of Homes currently available and offering such room to improve/renovate/subdivide and/or develop. Call Julian (0419936202) and Jackson (0420719978) for information and/or inspection.

Features

4 bedrooms
3 bathrooms
5 carspaces
4 open car spaces
1 garage space
0 m² floor area
1029 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in St James over the last 12 months, the estimated median property value of 38 Palmerston Street is $1.08m.

Median value
$1.08m
Estimated value range
$817k - $1.76m
Median days on market
21
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St James. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Palmerston Street

2024
Sold
28 Apr 2024 by Julian Leach, of Verse Property
2015
Sold
$765,000
Private Sale/Treaty on 17 Jun 2015

Happy sellers in St James

88%
88% of sellers in St James reported that their sale price either exceeded or met their price expectations.

St James stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in St James over the last 12 months.

Local market activity for 4 bedroom houses in St James

In the last 12 months, 18 four-bedroom houses similar to 38 Palmerston Street, have been sold.

This represents a 50% decrease in four-bedroom houses sales when compared to the previous 12 months.

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