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 › Stromlo Cres
$850,000
Last sold
22 Aug 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
363 m²
Land
195.32 m²
Building
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
Last sold
$850,000
22 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Palmerston (last 5 years) with land size have a median of $1,635/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
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
-11.1%
Median sale
Suburb $956,000
+0.30 pp
Gross yield
Suburb 2.45%
Suburb median $956,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
UnknownArea
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 GungahlinSet in a quiet, family-friendly pocket of Palmerston, this beautifully proportioned dual-level home delivers space, functionality, and versatility in equal measure. Thoughtfully designed for growing families or those needing room to live, work and entertain, it offers a warm, welcoming environment with all the right elements in place.
The lower-level features two expansive living zones – a light-filled lounge at the front and a separate family room, giving everyone their own space while still staying connected. The kitchen is centrally positioned and designed for practical use, complete with a large pantry and adjoining meals area that opens directly onto a wide, full-length verandah overlooking a peaceful front courtyard.
Upstairs, the home's thoughtful layout continues with three well-separated bedrooms. The main suite includes a walk-in robe, private ensuite, and its own balcony retreat which enjoys the morning sun – a perfect place for a cup of coffee while overlooking the tree-filled park. The remaining bedrooms, both with built-ins, are serviced by a full family bathroom with separate toilet, offering privacy and ease for busy households.
Finished with a full laundry, guest powder room, this modern home has ducted gas heated and evaporative cooling to ensure comfort all year round. With a remote double garage and multiple outdoor spaces, this property offers great options for flexible living.
This separate title residence with no body corporate, is in a sought-after location just a 10 minute walk to both Gungahlin Lakes Golf Club and Gungahlin Leisure Centre, within easy reach of the Light Rail. Uniquely positioned at the elevated end of a quiet street, this home shares a fence with just one neighbour, ensuring plenty of privacy - perfect for families seeking a home that grows with them, or anyone seeking a lifestyle that offers both convenience and comfort.
Features Overview:
- Two-storey floorplan
- NBN connected with FTTP
- Age: 24 years (built in 2000)
- EER (Energy Efficiency Rating): 4.5 Stars
Sizes (Approx)
- Internal Living: 141.21 sqm (78.14 sqm downstairs and 63.07 sqm upstairs)
- Verandah: 12.9 sqm
- Balcony: 6.93 sqm
- Garage: 41.21 sqm
- Total residence: 202.25 sqm
- Block: 363 sqm
Prices
- Rates: $715.25 per quarter
- Land Tax (Investors only): $1258.10 per quarter
- Conservative rental estimate (unfurnished): $650 per week
Inside:
- Three bedrooms, all with built-in and walk-in robes
- Main bedroom includes private ensuite and balcony
- Separate lounge and open-plan family/meals area
- Practical kitchen layout with modern appliances and ample storage
- Powder room and laundry on ground floor
- Central bathroom and separate WC upstairs
- Under stair storage
- Ducted gas heating throughout
- Evaporative cooling upstairs
Outside:
- Private verandah for relaxation and entertainment
- Private upstairs balcony to the main bedroom
- Low-maintenance exterior layout for convenience
- Upper paved area creating an extension of the yard, perfect for entertainment
Construction Information:
- Flooring: Concrete to ground level. Timber floor framing to upper floor level
- External Walls: Brick veneer and compressed cladding
- Roof Framing: Timber: Truss roof framing
- Roof Cladding: Concrete roof tiles
- Window Glazing: Single glazed
- Wall Insulation: Thermal insulation value approximately R-1.5
- Roof Insulation: Thermal Insulation value approximately R-4.0
Located in Canberra's north, Palmerston is a well-connected suburb known for its family-friendly feel and proximity to key amenities. With nearby schools, shops, parks, and easy access to the Gungahlin town centre and the light rail, it's a practical and convenient choice for families, professionals, and investors alike.
Inspections:
We are opening the home most Saturdays with mid-week inspections. However, if you would like a review outside of these times please email us on: jesssmith@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 disclaim 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 Jess Smith, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.
Nearby 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.