Palmerston, ACT 2913
Compare Part of Unincorporated ACT
9.00 km
Distance from Canberra CBD
20 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $458,000 | 0.0% | $336,000 | $990,000 | 57 |
| 2010 | $486,000 | +5.8% | $352,000 | $964,000 | 52 |
| 2011 | $580,000 | +16.2% | $375,000 | $1,015,000 | 49 |
| 2012 | $565,000 | -2.7% | $215,000 | $1,105,000 | 51 |
| 2013 | $535,000 | -5.6% | $352,000 | $776,000 | 73 |
| 2014 | $561,000 | +4.6% | $394,000 | $790,000 | 38 |
| 2015 | $600,000 | +6.5% | $395,000 | $975,000 | 35 |
| 2016 | $590,000 | -1.7% | $420,000 | $920,000 | 42 |
| 2017 | $681,000 | +13.4% | $352,000 | $957,000 | 56 |
| 2018 | $708,000 | +3.8% | $440,000 | $1,040,000 | 35 |
| 2019 | $631,000 | -12.2% | $410,000 | $1,020,000 | 46 |
| 2020 | $771,000 | +18.2% | $472,750 | $1,200,000 | 34 |
| 2021 | $1,005,000 | +23.3% | $648,000 | $1,800,000 | 38 |
| 2022 | $1,075,000 | +6.5% | $660,000 | $1,570,000 | 44 |
| 2023 | $975,000 | -10.3% | $583,000 | $1,370,000 | 42 |
| 2024 | $1,005,000 | +3.0% | $560,000 | $1,511,000 | 43 |
Median Sale Price
$1.01M
Based on 43 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+3.0%
Current Median Price: $1,005,000
Previous Median Price: $975,000
Based on 85 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $380 | $595 | 24 |
| 2012 | $420 | -11.9% | $390 | $640 | 13 |
| 2013 | $470 | +10.6% | $300 | $700 | 30 |
| 2014 | $490 | +4.1% | $355 | $680 | 20 |
| 2015 | $420 | -16.7% | $300 | $750 | 46 |
| 2016 | $465 | +9.7% | $335 | $650 | 44 |
| 2017 | $490 | +5.1% | $370 | $750 | 40 |
| 2018 | $500 | +2.0% | $380 | $780 | 47 |
| 2019 | $520 | +3.8% | $420 | $799 | 47 |
| 2020 | $550 | +5.5% | $470 | $780 | 22 |
| 2021 | $610 | +9.8% | $425 | $900 | 40 |
| 2022 | $740 | +17.6% | $550 | $860 | 49 |
| 2023 | $650 | -13.8% | $500 | $850 | 72 |
| 2024 | $620 | -4.8% | $530 | $920 | 55 |
Median Rent Price
$620
per week
Based on 55 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
-4.8%
Current Median Rent: $620
Previous Median Rent: $650
Based on 127 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $1,005,000
Current Median rent: $620
Based on 98 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Palmerston
Houses sold in Last 12 months ends 21 Dec 2024
$879K
Median Sale Price
69%
Clearance Rate
11/16
Sold/Reported
$1.11M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 2 | |
| $800 K - $1 M (Median Price Range) | 1 | |
| $600 K - $800 K | 2 | |
Similar Suburbs to Palmerston 2913
Based on median house sale price sold in last 12 months
Schools closest to Palmerston, ACT 2913
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Palmerston District Primary School | KOSCIUSKO AVENUEPalmerston 2913 | Primary | Government | 0.24 km |