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 › Bimberi Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
772 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Palmerston (last 5 years) with land size have a median of $1,641/m² of land (n=43). 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.
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 Stone Real Estate GungahlinAuction to be held on Saturday 7th February 2026 at 12:45pm on site.
Positioned on a generous block with excellent street appeal, 48 Bimberi Crescent presents a recently updated four bedroom family home offering multiple living areas, outstanding outdoor entertaining and ample parking and access options.
From the moment you arrive, the home makes a strong first impression with a neat grassed front yard, long driveway accommodating multiple vehicles and a double garage with convenient access through to the covered pergola and front entry. In addition, a separate gravel driveway provides potential drive through side access, complemented by gated access on both sides of the property.
Inside, an entry hallway leads through to a large formal living room, ideal for use as a combined living and dining space. This area features brand new carpet and offers excellent flexibility for growing families or those who enjoy entertaining.
The refreshed kitchen sits in an elevated position overlooking the backyard and is well appointed with quality appliances including a new induction cooktop, electric oven, new rangehood and dishwasher. Ample storage and bench space make it both practical and inviting.
Beyond the kitchen are two additional living areas, including a meals area suitable for casual dining or everyday living, flowing through to a spacious family room. From here, the home opens to an inviting covered entertaining deck, perfect for year round use. A second large covered patio area further enhances the outdoor offering, providing plenty of space to host friends and family.
The backyard is generously sized, fully grassed and securely enclosed with high Colorbond fencing, making it ideal for children and pets.
Accommodation includes four well proportioned bedrooms, all with built in robes. The main bedroom features a walk in robe and private ensuite with shower and bathtub. The main bathroom includes an updated vanity along with a separate shower and bathtub for family convenience.
Comfort is assured year round with ducted gas heating and evaporative cooling.
Offering space, flexibility and a functional layout in a convenient Palmerston location, this refreshed family home is ready to be enjoyed.
Features Overview:
- Updated family home, ready to move in
- Internally and externally repainted
- New carpet in the living and dining room plus all four bedrooms
- New hybrid timber flooring in the hallways, kitchen, meals and family areas
- Multiple living areas
- Ample storage space
- Ducted gas heating
- Evaporative cooling
- Double garage plus ample off street parking
- NBN Fibre to the Premises
- Located close to shops, schools, parks and public transport
- Easy access to major roads including Gungahlin Drive Extension and Gundaroo Drive
- EER (Energy Efficiency Rating): 3.5
- Age: Built in 1992
Inside:
- Four bedrooms in total, all with built in robes
- Main bedroom fits a king size bed and features a walk in robe
- Combined living and dining room
- Meals area off the kitchen which could be separate into casual living and dining spaces
- Separate family room
- Neat and tidy ensuite and main bathroom plus separate toilet
- Family-sized kitchen overlooks the backyard and has ample storage space including pantry
- Kitchen appliances include a dishwasher, electric oven plus brand new induction cooktop and range hood
- Laundry room with storage
- 2 x linen cupboards (laundry and hallway)
Outside:
- Covered deck off the family room
- Separate outdoor covered oven entertaining area, an ideal spot to entertain family and friends
- Fully enclosed and private grassed backyard with low maintenance gardens and high Colorbond fencing
- Side gate access on both sides of the property
- Gas hot water system
- Ample driveway parking
Prices (Approx.):
- Rates: $3620.86 per annum
- Land Tax (Investors only): $6861.80 per annum
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.
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.