Palmerston, ACT 2913
GungahlinAll suburbs in postcode 2913
Updated
Median house price
$1,038,000
ABS statistical area (SA2) median · 2024
An SA2 can take in surrounding localities, so this can differ from sales in Palmerston itself.
Selling in Palmerston?
Get the free selling guide, personalised to Palmerston, or ask for a free appraisal from a local agent.
Palmerston at a glance
- Median unit
- $637,750
- Population
- 5,579
- Median age 36
Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census
House prices in Palmerston
Across the ABS statistical area that takes in Palmerston, houses changed hands at $1,038,000 in 2024, in line with the the ACT median. An SA2 can take in surrounding localities, so this can differ from sales in Palmerston itself. Units come in around $637,750, roughly 39% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $208,000. Prices are in line with the the ACT median, so the broader state lending settings apply.
- Weekly rent (house)
- $460/wk
- Weekly rent (unit)
- $450/wk
Rental data as of April 2026
Free appraisal in Palmerston
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What to know about Palmerston
Palmerston (2913) sits in the Gungahlin region of the ACT. The median house here is $1,038,000, in line with the the ACT median of around $950K.
Palmerston has roughly 5,579 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Palmerston scores 2/100 on walkability, which makes it car-dependent with workable public transport options. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 29°C (warm), winter mornings around 1°C (cold). Annual rainfall lands at about 646 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 7 government primary, 3 government secondary, 5 Catholic, 2 independent.
Schools in Palmerston
Location
Walkability
- Walk
- 2/100
- Transit
- 100/100
- Bike
- 100/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Palmerston's population at 5,579, with a median age of 36. That sits as a typical family-age mix. Households are mostly owner-occupied (70% own, 28% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (75% family households, 22% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 75%
- Lone person
- 22%
- Owner occupied
- 70%
- Renter occupied
- 28%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.30% (median rent $460/wk against a $1,038,000 price tag). Units yield 3.67% gross, often the better cash-flow play for first-time investors. Renter share is modest (28%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 2.30%
- On the $1,038,000 median
- Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 3.67%
- On the $637,750 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
128 offences recorded in 2025
Top offence categories
Source: State Police Open Data
Crime data as of December 2025
Weather year-round
- Annual rainfall
- 646 mm
- Hottest month, avg max
- 29.3°C
- Coldest month, avg min
- 0.5°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Palmerston
- What is the median house price in Palmerston?
- The median house price for the ABS statistical area (SA2) that takes in Palmerston, ACT 2913 is $1,038,000 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Palmerston itself. The median unit price is $637,750.
- How much is my house worth in Palmerston?
- A useful starting point is the Palmerston median house price of $1,038,000 (units $637,750). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Palmerston postcode?
- Palmerston is in the 2913 postcode, in ACT, in the Gungahlin region.
- Where is Palmerston?
- Palmerston is a suburb in the Gungahlin area, ACT 2913.
- What is the average rent in Palmerston?
- The median weekly rent for houses is $460, for units it's $450.
- What schools are in Palmerston?
- There are 20 schools serving Palmerston on this page, including Palmerston District Primary School, Burgmann Anglican School, Gungahlin College.
- How walkable is Palmerston?
- Palmerston has a Walk Score of 2 out of 100, highly car-dependent. transit score 100, bike score 100.
- What suburbs are near Palmerston?
- Palmerston is close to Crace, Taylor, Ginninderra Village, Gungahlin, Ngunnawal.
- What is the population of Palmerston?
- The population of Palmerston is approximately 5,579 (2021 Census). The median age is 36.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.