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 › Lambell Cl
8
Bedrooms
4
Bathrooms
3
Car spaces
814 m²
Land
470 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
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
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 Ray White CanberraAn extraordinary opportunity awaits the new owners of this remarkable mansion, offering prestigious living in a prime Palmerston location. Whether you seek a spacious home for a large family, accommodation for guests, or a potential income-generating property, this residence is designed to cater to a wide range of buyers.
This stunning two-storey home showcases an impressive eight bedrooms, four bathrooms, and a three-car garage, strategically divided into three private, self-contained units, offering versatility to suit any lifestyle. Whether for multi-generational living, rental income, or personal use, the possibilities are endless.
The upper floor exudes lifestyle with stunning views from the terrace, featuring five generously sized bedrooms and two well-appointed bathrooms. The layout includes multiple living areas such as a formal lounge, a refined dining room, and a spacious open-plan kitchen that seamlessly flows into the family room. Three bedrooms are equipped with built-in robes, while the master suite boasts a walk-in robe, an ensuite, and exclusive access to the front balcony. A laundry room and a central main bathroom complete this level, which is constructed with a robust concrete and steel structure for added durability.
On the ground level, a stylish two-bedroom, one-bathroom unit includes a versatile multi-purpose room with a fully equipped kitchen. Additionally, a separate one-bedroom, one-bathroom granny flat, complete with its own kitchen and private entry, provides added flexibility and independence. These lower-level units are ideal for extended family, guests, or potential tenants.
An outdoor kitchen under the pergola is perfect for entertaining, while the expansive outdoor spaces allow ample room for hosting guests. The property is further enhanced by a large three-car garage, ample off-street parking, and extensive outdoor areas, ensuring convenience and comfort for residents and visitors alike.
Situated on a prized corner lot, this home commands instant street appeal. You'll enjoy the convenience of being just a short stroll away from all the popular amenities the Gungahlin area has to offer.
FEATURES:
• Concrete slab to ground level
• Suspended concrete slab to the upper floor level
• Double brick external wall to lower floor area
• Circular driveaway
• Separate access to 5A - self-contain studio
• Sizable windows welcome ample sunlight
• Brick veneer to upper floor area
• 13.34Kw solar system
• Solar Battery
• 3 x hot water systems (1x electric + 2 x instant gas)
• Central ducted heating and cooling + split AC system
• Miele dishwasher
• Bellini gas cooktop downstairs
• Electric CHEF cooktop and oven in the studio kitchen
• ROBAM rangehoods
• Brand-new outdoor kitchen - island, joinery, cooktop etc.
• ROBAM gas cooktop in the outdoor kitchen
• Laminated flooring
• Ample storage throughout
• Wrap around terrace with elevated and stunning views
• Prized corner lot position
• Cherry tree, loquat tree, lemon tree, peach tree, apricot tree, chestnut tree
PROXIMITY:
• Gungahlin Pond Playground
• Bimberi Crescent Playground
• Palmerston Community Playground
• Palmerston Primary School
• Palmerston Community Centre
• Palmerston Local Shops - Local Liquor, IGA X-Press, Capital Chemist, Palmerston Takeaway Pizza etc.
• Yarabi Football Club
• Gungahlin Town Centre
• Burgmann Anglican School
• Gungahlin College
STATISTICS (all measures/figures are approximate):
• Built: 1992
• Block 22 Section 95
• UV: $588,000 (2023)
• Land size: 814.00 sqm
• Home size: 470.00 sqm
• Upper level: 228.40 sqm
• Lower level: 185.30 sqm
• Garage: 56.40 sqm
• Rates: $845.50 pq
• Rental appraisal 5A Lambell: $450.00 - $470.00 per week
• Rental appraisal 5 Lambell: $1,000.00 - $1,050,000 per week
• EER: 3.0
Listing description written by Vince Qi, Ray White Canberra — 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.