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 › Corona Pl
$990,000–$1,090,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
760 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
Asking
$990,000–$1,090,000
Asking range · $1,303/m² of land
No recorded sale for this property.
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
+3.6%
Median sale
Suburb $956,000
-0.09 pp
Gross yield
Suburb 2.45%
Suburb median $956,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$40,556 on top of the price (4.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Palmerston's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Stone Real Estate GungahlinPositioned within one of the area's most family-oriented enclaves, Corona Street enjoys a reputation as a quiet and tightly held residential pocket. The street offers a safe, community-minded environment where families can enjoy a relaxed lifestyle, supported by nearby schools, parks, playgrounds, and essential services. Its low-traffic nature, established homes, and neighbourly atmosphere make it a particularly desirable address for families seeking both comfort and convenience.
Designed with family living in mind, the heart of the home is the well-appointed kitchen, which connects seamlessly to the dining area and spacious family room to create a welcoming hub for daily life. A separate living area positioned at the front of the home provides valuable versatility, offering additional space to relax, entertain or accommodate the needs of a growing family.
The accommodation is thoughtfully arranged to provide privacy and functionality. The master bedroom serves as a peaceful retreat, complete with a walk-in robe and private ensuite. Three additional bedrooms are positioned throughout the home and are serviced by the main bathroom, allowing flexibility for children, guests, a home office or study space.
Stepping outside, you'll find a covered entertaining area and a generous backyard with plenty of room for children and pets to play. Whether enjoying relaxed weekends with family and friends or simply unwinding in the fresh air, the outdoor space offers endless possibilities.
Complete with a double garage, separate laundry and ample storage throughout, this comfortable and highly liveable home provides immediate enjoyment while offering exciting potential to add your own touch over time.
Features Overview:
- Single-level floor plan with a practical family-friendly layout
- Seamless indoor-outdoor flow from the living areas to the covered porch and spacious backyard.
- Freshly painted internally
- Master suite including spa bath
- Positioned in a quiet Palmerston pocket, close to Palmerson shops, local parks, playgrounds, walking paths, public transport optons, and within easy reach of Gungahlin Town Centre and light rail connections.
- NBN connected with FTTP (Fibre to the Premises)
- Age: 32 years (built in 1994)
- EER (Energy Efficiency Rating): 4.0 Stars
Sizes (Approx):
- Internal living: 178 sqm
- Outdoor living: Enclosed pergola 22.4 sqm + Verandah: 7.84 sqm
- Garage: 34.8 sqm
- Total residence: 243.04 sqm
- Block size: 760 sqm
Prices:
- Rates: $924.00 per quarter
- Land Tax (Investors only): $1817.3 per quarter
- Conservative rental estimate (unfurnished): $780 - $800 per week
Inside:
- Spacious master bedroom with walk-in robe and private ensuite
- Three additional bedrooms, each with robe storage
- Central family room with generous everyday living space
- Seperate living area at front of house
- Central kitchen connecting seamlessly with dining and family area
- Dedicated dining area with natural flow to the main living zones
- Main bathroom with seperate bath and shower
- Seperate laundry with direct internal functionality
- Double garage with internal access
- Comfortable layout with good separation between living spaces and bedrooms
- Large windows throughout the living and bedroom areas, bringing in natural light
Outside:
- Covered porch, ideal for outdoor seating or relaxed entertaining
- Generous backyard space, offering room for children, pets, or future landscaping potential
- Driveway access leading directly to garage
- Single-level outdoor connection, making the backyard easily accessible from the main living areas.
- Practical side and rear yard areas surrounding the residence
- Front verandah, creating a welcoming arrival point to the home
- Well-positioned outdoor areas that support family living and weekend entertaining
Construction Information:
- Flooring: Concrete slab
- External Walls: Brick veneer
- Roof Framing: Timber - Truss roof framing
- Roof Cladding: Concrete roof tiles
- Window Glazing: Single glazed windows
Palmerston is one of Gungahlin's original and most established suburbs, known for its leafy streets, peaceful atmosphere, and strong family-friendly appeal. Rich in character, the suburb features a unique street naming theme inspired by Australian mountains and ranges, with Kosciuszko Avenue as its central spine, while fruit trees lining local streets add a charming and distinctive touch. Surrounded by natural beauty, residents enjoy easy access to nearby grassland reserves, walking trails, and open green spaces, along with local shops and everyday conveniences just moments from home. With Palmerston District Primary School located within the suburb and close proximity to Gungahlin Town Centre and popular attractions, Palmerston offers a relaxed, connected lifestyle in a well-established community setting.
Inspections:
We are opening the home most Saturdays with mid-week inspections. However, if you would like a review outside of these times, please email us on: alexford@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 disclaim 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 Alex Ford, Stone Real Estate Gungahlin — 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.