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 3.8% and has experienced a 12-month capital growth of Down -4.7%, with a median house buy price of $910,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$655,000
$837,500
$1,100,000
$910,000
Suburb Market Profile
Last month Palmerston had 14 properties available for rent and 13 properties for sale. Median property prices over the last year range from $910,000 for houses to $640,000 for units. If you are looking for an investment property, consider houses in Palmerston rent out for $650 PW with an annual rental yield of 3.8% and units rent for $600 PW with a rental yield of 5.1%. Palmerston has seen an annual compound growth rate of -4.7% for houses and 1.6% for units.