Palmerston, ACT 2913
Compare Part of Unincorporated ACT
9.00 km
Distance from Canberra CBD
20 k
Population
Auction Times
Sat 3 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 8 Bendora Crescent 4 2 2 House | 1:30 PM Sat 3rd Jun | McGrath |
Median Sale Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
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 | $760,000 | 57 |
| 2010 | $477,500 | +4.1% | $352,000 | $964,000 | 52 |
| 2011 | $580,000 | +17.7% | $375,000 | $1,015,000 | 49 |
| 2012 | $565,000 | -2.7% | $215,000 | $1,105,000 | 51 |
| 2013 | $510,000 | -10.8% | $352,000 | $776,000 | 73 |
| 2014 | $561,000 | +9.1% | $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 | $875,000 | -22.9% | $730,000 | $1,100,000 | 18 |
Median Sale Price
$980K
Based on 41 recorded sales within the last 12 months
Updated on 3 Jun 2023
Suburb Growth
-22.4%
Current Median Price: $980,000
Previous Median Price: $1,200,000
Based on 85 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2023)
Price Range Segments (12 months ending May 2023)
Median Weekly Rent Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
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 | $460 | +8.7% | $300 | $700 | 29 |
| 2014 | $490 | +6.1% | $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 | $590 | +6.8% | $425 | $900 | 39 |
| 2022 | $750 | +21.3% | $550 | $860 | 48 |
| 2023 | $735 | -2.0% | $500 | $850 | 28 |
Median Rent Price
$740
per week
Based on 58 recorded rent within the last 12 months
Updated on 3 Jun 2023
Rent Price Growth
+10.8%
Current Median Rent: $740
Previous Median Rent: $660
Based on 95 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $980,000
Current Median rent: $740
Based on 99 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2023)
Auction Results For Palmerston
Houses sold in Last 12 months ends 27 May 2023
$1.01M
Median Sale Price
66%
Clearance Rate
15/23
Sold/Reported
$1.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 8 | |
| $800 K - $1 M | 4 | |
| $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 |