All About Palmerston, Unincorporated ACT, ACT, 2913

Palmerston, part of the Gungahlin district within the Australian Capital Territory (ACT), is a vibrant suburb well-regarded for its family-friendly atmosphere and well-established community feel. The housing market in Palmerston has been relatively dynamic, reflecting broader trends in the Canberra region. Property values have shown resilience with stable demand driven by its appealing location, accessibility to the city, and the quality of life it offers. Housing options in Palmerston range from modern townhouses to more traditional suburban homes, accommodating a variety of preferences and budgets. The suburb's infrastructure supports a comfortable lifestyle, with easy access to essential amenities and the Gungahlin Town Centre, which is just a short drive away. Public transport options are convenient, making it an attractive choice for both families and professionals working in Canberra.

Living in Palmerston is marked by a blend of suburban charm and urban convenience. The community is known for its welcoming vibe and active participation in local events, promoting a strong sense of belonging among residents. The suburb is surrounded by green spaces, like local parks and walking trails, which provide ample opportunities for outdoor activities and relaxation. Educational facilities, including well-regarded schools, make it particularly appealing for families with children. Furthermore, Palmerston offers a relatively peaceful environment compared to more densely populated urban areas, contributing to a high quality of life. The community spirit, coupled with the strategic location and quality infrastructure, makes Palmerston a desirable place to live within the ACT.

Palmerston Real Estate Market Outlook

Thinking about buying in Palmerston? Now could not be a better time, with 2537 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $722,000 with prices in this suburb ranging from $56,000 to $3,050,000. The aproximate distance to the coast is 110 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Palmerston are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Palmerston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Palmerston necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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