Palmerston vs Ngunnawal

Ngunnawal (median $811,100) is roughly 22% cheaper to buy into than Palmerston ($1,038,000).

Buying in Palmerston or Ngunnawal?

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Palmerston and Ngunnawal side by side

MeasurePalmerstonNgunnawal
Price and market
Median house$1,038,000$811,100
Median unit$637,750$650,000
Renting
House rent$460/wk$460/wk
Unit rent$450/wk$450/wk
Owner occupied70.0%70.0%
Renter occupied28.0%26.0%
Schools
Schools nearby2020
Average ICSEA10791077
Lifestyle and people
Walk score24
Transit score10080
Bike score100100
Population5,57910,957
Median age3634
Climate
Annual rainfall646 mm646 mm
Mean max, January29.3°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

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).

For buyers
Ngunnawal is the lower entry point at $811,100 median, 22% 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).

Palmerston vs Ngunnawal: common questions

Is Palmerston or Ngunnawal cheaper to buy in?

Ngunnawal has the lower median house price at $811,100, roughly 22% 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.