Palmerston — Houses

BUY
ACT 2913 House Rank #6 of 89 in Canberra
$969K
Median House Price · recent comparable sales
Demand-Driven Growth #6 of 89

Buyer competition is intense and properties sell quickly. Demand is outpacing available supply.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Demand-Driven Growth
DEMAND
32 buyers/listing
Strong
LIQUIDITY
23d DOM
Neutral
AFFORDABILITY
-10.7% vs 5yr
Strong
GROWTH OUTLOOK
Good
Strong
YIELD
3.8%
Neutral
SUPPLY PRESSURE
1.3% vacancy
Strong
#6/89 Good Structure 55 $969K

Atlaso rates Palmerston houses as BUY for capital growth. Vacancy remains tight at 1.31%. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $969K, Palmerston ranks #6 of 89 houses in Canberra. The long-term structural outlook is Good. Prices remain 11% below their 5-year trend, suggesting room for recovery.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Canberra.

Palmerston Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-1.4%
Asking Prices (3mo)
+7.3%
Rents (12mo)
0.9%
Vacancy
41%
Fresh Stock (<30d)

House Asking Prices (12 months)

$999K

House Weekly Rents (12 months)

$741/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2913.

Suburb Profile

Palmerston at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,429/wk
Median household
Median Age
34
Years
Mortgage Stress
19%
of income
Population Growth
+4.2%
vs state +2.9%
Ownership Mix
20.4% owned 43.6% mortgage 28.4% renting

Demographic Trends

Palmerston Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Palmerston Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Palmerston a good suburb to invest in?
Atlaso rates Palmerston as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Palmerston and 46 Australian cities to generate this rating.
What is the median house price in Palmerston?
The current median house price in Palmerston, act is $969K, with annual growth of +21.6%. Properties sell in approximately 23 days.
How fast do properties sell in Palmerston?
Properties in Palmerston sell in 23 days on average. The market is currently rated Good. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Palmerston?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Palmerston's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Palmerston?
The gross rental yield for houses in Palmerston is 3.8%. This is in line with the broader market average.

Want to compare suburbs?

Check Another Suburb
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).