Side by sideSuburb comparison

Palmerston vs Ngunnawal.

Comparing two suburbs with median house prices of $1,038,000 and $811,100. Ngunnawal edges out on more headline metrics in this comparison.

Ngunnawal (median $811,100) is roughly 28% cheaper to buy into than Palmerston ($1,038,000).

Ngunnawal scores higher on walkability (2/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Palmerston (1079) sits above Ngunnawal (1077).

The takeWhich suburb suits which buyer

For buyers

Ngunnawal is the lower entry point at $811,100 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Ngunnawal offers the higher gross rental yield (2.95% vs 2.30%), favouring cash-flow investors.

For families

Palmerston edges out on average school ICSEA (1079 vs 1077).

Common questionsPalmerston vs Ngunnawal

Common questions

Is Palmerston or Ngunnawal cheaper to buy in?

Ngunnawal has the lower median house price at $811,100, roughly 28% below Palmerston ($1,038,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Palmerston or Ngunnawal have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Palmerston scores 1079 vs 1077 in Ngunnawal. 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, Palmerston or Ngunnawal?

Ngunnawal scores 4/100 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, Palmerston or Ngunnawal?

Gross rental yield on houses is 2.95% in Ngunnawal 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.

The numbers behind the take

Palmerston
Metric
Ngunnawal

Price & Market

$1,038,000
Median house
$811,100
$637,750
Median unit
$650,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$460/wk
Rent (house / wk)
$460/wk
$450/wk
Rent (unit / wk)
$450/wk
70.0%
Owner occupied
70.0%
28.0%
Renter occupied
26.0%

Lifestyle & Demographics

2
Walk score
4
100
Transit score
80
100
Bike score
100
5,579
Population
10,957
36
Median age
34

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1079
Avg ICSEA
1077

Climate

Annual rainfall
Mean max (Jan)

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).