Palmerston at a glance
5,537
People
$956,000
Median sale
$450/wk
Median rent
2.45%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
ACT › Palmerston › Mainwaring Rich Circuit
$750,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
412 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$750,000
Asking · $1,820/m² of land
No recorded sale for this property.
Palmerston at a glance
5,537
People
$956,000
Median sale
$450/wk
Median rent
2.45%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Palmerston
-21.5%
Median sale
Suburb $956,000
+0.67 pp
Gross yield
Suburb 2.45%
Suburb median $956,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,396 on top of the price (3.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Palmerston's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Palmerston at a glance
5,537
People
$956,000
Median sale
$450/wk
Median rent
2.45%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate GungahlinIf you've been searching for a freestanding home with a genuine backyard and the opportunity to add your own touches, 108 Mainwaring Rich Circuit deserves your attention.
Positioned on a 412sqm separate title block in the established suburb of Palmerston, this three bedroom home offers a great combination of space, practicality and future potential.
The home features a layout that makes excellent use of the available space. At the heart of the home, the kitchen connects naturally with the dining and family areas, creating a central everyday living space for the household.
There are three bedrooms, including a main bedroom with built in robes, while reverse cycle heating and cooling provides comfort throughout Canberra's changing seasons.
For buyers looking to make a home their own, there is plenty of scope to add your personal style over time. Comfortable as it is, the property also offers the flexibility to introduce your own touches, inside and out, creating a home that can evolve with you.
Outside, the 412sqm block gives you something increasingly sought after: usable backyard space. Access to the rear is available through the carport, while existing storage sheds provide additional room for tools, bikes and outdoor equipment.
Parking is well catered for with a single brick and tile carport, additional hardstand space and further off street parking.
The location completes the package. Gungahlin Town Centre is only a short drive away, while local shops, schools, parks and walking areas are all within easy reach, with convenient connections to the City and other parts of Canberra.
For first home buyers looking to move away from apartment or townhouse living, families wanting their own block, or investors searching for a well located property with scope for future improvement, this is an opportunity with plenty to offer.
Features Overview:
- Freestanding three bedroom home
- Separate title house, no body corporate
- No unapproved structures
- Established Palmerston location
- Suitable for first home buyers, families and investors
- Ideal for families, first home buyers and investors
- Vacant and ready to move in or lease out
- NBN Fibre to the Home connection
- EER (Energy Efficiency Rating): 4.0
- Age: Built in 1992 (approx.)
Inside:
- Three bedrooms, two with built in robes
- Third bedroom ideal as a study or home office
- Spacious front living room with gas heating
- Separate family and meals area
- Kitchen with breakfast bar seating, ample bench space and storage
- Neat and tidy bathroom with separate toilet
- Separate laundry room with linen cupboard
- Gas heating
- Split system heating and cooling in the living area
Outside:
- Large paved outdoor entertaining area
- Established front and rear gardens
- Carport and driveway parking
- Drive through gated access
Sizes (Approx.):
- Living size: 93sqm
- Carport size: 18sqm
- Total size: 111sqm
- Block size: 412sqm
Prices (Approx.):
- Rates: $2930.56 per annum
- Land Tax (Investors only): $5173.60 per annum
- UV: $419,000
Palmerston is a well established and highly regarded suburb in Canberra's north, prized for its elevated blocks, convenient location and community feel. Residents enjoy easy access to the Gungahlin Town Centre, quality schools, local shops and green open spaces. Families appreciate the nearby parks and walking trails, while commuters benefit from quick connections via the Gungahlin Drive Extension and Gundaroo Drive. With peaceful streets and proximity to all amenities, Palmerston continues to be a sought-after choice for both owner occupiers and investors.
Inspections:
Open most Saturdays and mid-week. However, if you would like an inspection outside of these times please email Hugo Mendez at hugomendez@stonerealestate.com.au
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Hugo Mendez, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.