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
$767,000
Last sold
28 July 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
500 m²
Land
115.317 m²
Building
Districts View
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
$767,000
28 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Palmerston (last 5 years) with land size have a median of $1,648/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
-19.8%
Median sale
Suburb $956,000
+0.60 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 Stone Real Estate GungahlinPositioned in one of Palmerston's most convenient and family friendly pockets, this beautifully refreshed single level home presents an outstanding opportunity for first home buyers, downsizers and investors seeking comfort, convenience and easy everyday living.
Set on a generous 500sqm separate title block with no body corporate fees, the home offers privacy, functionality and warmth throughout. With excellent access to Gungahlin Drive Extension, commuting into the City, Belconnen, Woden or Tuggeranong is simple, while Palmerston Primary School, local shops, bus stops, parks and the Gungahlin Town Centre are all only moments away.
Freshly painted internally and updated with hybrid timber flooring throughout the living areas, kitchen, hallways and bedrooms, the home feels modern, welcoming and move in ready from the moment you step inside.
Designed entirely on a single level, the layout offers excellent flexibility with multiple living areas to suit growing families, downsizers or those working from home. The spacious front living room is warm and cosy, complete with gas heating for the cooler Canberra months, while the additional family and meals area creates separation and functionality for everyday living.
The kitchen is positioned at the centre of the home and features generous bench space, ample storage and breakfast bar seating, allowing for easy connection between cooking, dining and entertaining.
Accommodation includes three bedrooms, two with built in robes, while the third bedroom also offers flexibility as a home office or study space depending on your needs. The neat and functional bathroom is complemented by a separate toilet and separate laundry room with linen storage.
Outside, the large paved entertaining area provides the perfect space for outdoor dining, weekend gatherings or relaxing in the sun. Established front and rear gardens create a peaceful setting, while the enclosed carport with roller door and additional driveway parking add practicality and security.
Offering refreshed interiors, multiple living spaces and an exceptional location close to every convenience, this is a home you can simply move into and enjoy immediately.
Features Overview:
- Freestanding single level home on separate title
- No body corporate fees
- Freshly painted internally
- Hybrid timber flooring throughout living areas, kitchen, hallways and bedrooms
- Excellent location close to schools, shops, parks and public transport
- Easy access to Gungahlin Drive Extension
- Warm and cosy home with functional single level layout
- Ideal for first home buyers, downsizers and investors
- NBN Fibre to the Home connection
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
- Ceiling fan in family room
- Curtains in the living areas and blinds to the bedrooms
- Skylight in the kitchen
Outside:
- Large paved outdoor entertaining area
- Established front and rear gardens
- Enclosed carport with roller door and side door access
- Additional driveway parking
- Fully single level design
Sizes (Approx.):
- Living size: 92.966sqm
- Enclosed carport size: 22.351sqm
- Total size: 115.317sqm
- Block size: 500sqm
Prices (Approx.):
- Rates: $3062.69 per annum
- Land Tax (Investors only): $5386.20 per annum
- UV: $443,000
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.