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 › Buller Cres
$1,185,000
Last sold
7 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
655 m²
Land
182 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
$1,185,000
7 Mar 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
+24.0%
Median sale
Suburb $956,000
-0.48 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
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 Irwin PropertyA location with the best of Gungahlin at your doorstep, this renovated and extended family oasis offers a flowing indoor and outdoor spaces, perfect for family living and entertaining.
THE HOME
The spacious living areas of this thoroughly renovated and extended family home offer an abundance of room for family gatherings and relaxation. The large living and dining rooms offer beautiful natural light and an outlook to the private garden. The versatile family/meals room features exposed beams, creating a warm and inviting atmosphere.
The renovated kitchen is a true highlight, with generous granite benchtops providing plenty of space for meal prep and entertaining. The sleek design includes ample storage and two tone cabinetry making it both functional and stylish.
The home offers well-appointed bedrooms, including a large master suite with a walk-in robe, a spacious ensuite and direct access outside, ensuring a comfortable retreat. The three additional bedrooms provide ample space for growing families.
The newly renovated 3-way family bathroom adds further convenience for busy families.
Outside, the lush, inviting private gardens create a peaceful sanctuary, while the covered alfresco area, featuring reclaimed 'Thor's Hammer' timbers and built-in timber bench seating, is perfect for outdoor entertaining. Set on a generous 655m² block with an internal living area of 182m², this home offers the ideal combination of indoor and outdoor spaces for relaxed family living.
THE LOCATION
This home enjoys a prime location in the heart of Palmerston, offering a convenient and relaxed lifestyle. Families will appreciate the close proximity to excellent schools, including Palmerston Primary School and Burgmann Anglican School, both within walking distance.
Residents can take advantage of a variety of outdoor activities, with parks, playgrounds, and two golf courses just moments away. Marketplace Gungahlin, a major shopping centre, is nearby, along with easy access to the light rail station for a convenient commute to the city. The University of Canberra is just a short 9-minute drive away.
FROM THE SELLERS
"Establishing this home has been a labour of love over the past fifteen years. We set out to create an oasis for our family—one that extended family and friends could also enjoy—and we’ve loved hosting numerous events in the indoor/outdoor living spaces and private gardens. The garden, in particular, has been a special delight to develop and enjoy. We will miss the beautiful outlook and the warm winter sun that streamed into our living spaces. There’s so much we’ll miss about this beautiful home, but we hope the next owners will find just as much—if not more—joy in it."
HIGHLIGHTS
Thoroughly renovated & extended family home
Renovated kitchen with granite bench tops, ample storage & gas cooktop
Newly renovated 3-way family bathroom
Large master suite with walk-in robe, spacious ensuite & exposed beams
Large living & dining rooms with garden outlook
Versatile family/meals room with exposed beams
Study nook
Ducted vacuum system
In floor heating
Evaporative cooling
Solar panels - 4kw
Reclaim heat pump hot water system
Lush private gardens with manicured lawns
Covered alfresco area with built-in timber bench
Timber deck
Large garden shed
Double garage with power doors & internal access
Generous paved driveway
450m to Burgmann Anglican School
1.4km to local IGA supermarket
1.8km to Marketplace Gungahlin & Light rail station
1.9km to Palmerston Primary
Build: 1993
Extension: 1997
Living area: 182m2
Deck: 10m2
Garage: 32m2
Block: 655m2
Rates: $786 per quarter
EER: 5.5
All figures are approximate
For further details, please contact Jonathan Irwin by submitting an enquiry form below or calling on 0421 040 082.
Disclaimer: Irwin Property and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.
Listing description written by Jonathan Irwin, Irwin Property — reproduced as published, not verified by Districts.