Gungahlin vs Palmerston

Gungahlin (median $996,000) is roughly 4% cheaper to buy into than Palmerston ($1,038,000).

Buying in Gungahlin or Palmerston?

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Selling in Gungahlin? The free selling guide

Gungahlin and Palmerston side by side

MeasureGungahlinPalmerston
Price and market
Median house$996,000$1,038,000
Median unit$435,000$637,750
Renting
House rent$450/wk$460/wk
Unit rent$450/wk$450/wk
Owner occupied45.0%70.0%
Renter occupied53.0%28.0%
Schools
Schools nearby2020
Average ICSEA10811079
Lifestyle and people
Walk score982
Transit score60100
Bike score100100
Population8,5865,579
Median age3136
Climate
Annual rainfall612 mm646 mm
Mean max, January29.2°C29.3°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Gungahlin scores higher on walkability (98/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Gungahlin (1081) sits above Palmerston (1079). Palmerston skews owner-occupied (70%), Gungahlin runs more rental-dense (45% owner).

For buyers
Gungahlin is the lower entry point at $996,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Gungahlin offers the higher gross rental yield (2.35% vs 2.30%), favouring cash-flow investors.
For families
Gungahlin edges out on average school ICSEA (1081 vs 1079).

Gungahlin vs Palmerston: common questions

Is Gungahlin or Palmerston cheaper to buy in?

Gungahlin has the lower median house price at $996,000, roughly 4% below Palmerston ($1,038,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Gungahlin or Palmerston have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Gungahlin scores 1081 vs 1079 in Palmerston. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Gungahlin or Palmerston?

Gungahlin scores 98/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Gungahlin or Palmerston?

Gross rental yield on houses is 2.35% in Gungahlin vs 2.30% in Palmerston. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.