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 › Tiptree Cres
$1,075,000
Last sold
12 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
776 m²
Land
190 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
$1,075,000
12 May 2024 · 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
+12.4%
Median sale
Suburb $956,000
-0.27 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 McIntyre PropertyOffered for the first time since built in 1994 the owners have enjoyed over 3 decades in this beautiful family home in one of Palmerston's best streets. The home has been meticulously maintained and is presented in 'move in ready' condition. Beautifully sculptured gardens offer a peaceful oasis in both front and rear yards, with a screened privacy affording serene enjoyment.
Palmerston, being the original Gungahlin suburb, is very well established and offers easy access to both the GDE and Barton Highway. It is less that 5 minutes to both the Gungahlin Town Centre and to Dickson Shops, and 15-20 minutes to Civic.
Boasting 176m2 of comfortable living, the formal and informal living areas are all aspected to the north enjoying daytime winter sun. The very efficient layout superbly exploits the near level 776m2 block that is within easy walking distance to Palmerston Shops, Primary School and bus stops.
All 4 bedrooms are of generous proportions and feature built in robes (WIR and ensuite to Master). The kitchen is a chef's delight and will exceed your entertaining expectations!
This lovely family home features double lock up garage with remote doors, ducted reverse cycle air conditioning, back to base alarm, solar PV system and ducted vacuum.
Features Include:
• Near level 776m2 block
• Long boundary north
• Dress circle location
• Delightful privacy
• Walking distance to shops & school
• Quiet loop street
• 4 generous bedrooms
• Ensuite and WIR to master
• Formal and informal living
• Chef's delight kitchen
• Meticulously maintained
• Solar PV system
• Double lock up garage
• Ducted RC/AC
• Ducted vacuum system
Outgoings & Property Information:
Living size: 176 sqm
Block size: 776 sqm
Garage size: 42 sqm
UCV: $557,000
Rates: $3,039 per annum
Land tax (if rented): $5,113 per annum
Expected rent: $775 per week
Year Built: 1994
EER: 1.5
Disclaimer:
While we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.
Listing description written by Terry Cooper, McIntyre Property — reproduced as published, not verified by Districts.