Palmerston, ACT 2913
Compare Part of Unincorporated ACT
9.00 km
Distance from Canberra CBD
20 k
Population
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,015,000 | +3.9% | $560,000 | $1,511,000 | 38 |
Median Sale Price
$1.02M
Based on 43 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+8.1%
Current Median Price: $1,015,000
Previous Median Price: $933,000
Based on 85 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $650 | 0.0% | $530 | $920 | 45 |
Median Rent Price
$650
per week
Based on 53 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
-4.6%
Current Median Rent: $650
Previous Median Rent: $680
Based on 123 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $1,015,000
Current Median rent: $650
Based on 96 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Palmerston
Houses sold in Last 12 months ends 16 Nov 2024
$1.08M
Median Sale Price
67%
Clearance Rate
10/15
Sold/Reported
$1.37M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 2 | |
| $800 K - $1 M | 1 | |
| $600 K - $800 K | 1 | |
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 |