PALMERSTON 2913
State: ACTPosiProp AI Investment Summary
PALMERSTON (ACT 2913) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Down -10.9%, with a median house buy price of $900,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$714,250
$840,500
$1,005,000
$900,000
Suburb Market Profile
Last month Palmerston had 13 properties available for rent and 19 properties for sale. Median property prices over the last year range from $900,000 for houses to $647,000 for units. If you are looking for an investment property, consider houses in Palmerston rent out for $670 PW with an annual rental yield of 4.0% and units rent for $610 PW with a rental yield of 5.2%. Palmerston has seen an annual compound growth rate of -10.9% for houses and 7.8% for units.
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