ACT · 2913

Palmerston

Suburb profile, market snapshot and recent listings for Palmerston, ACT 2913.

Palmerston, ACT 2913

About Palmerston

Welcome to Palmerston

Palmerston sits in Canberra's north, part of the Gungahlin district roughly 15 kilometres from the city centre, and shares borders with Crace, Nicholls, Ngunnawal, Giralang and the Gungahlin town centre itself. It's one of the more established pockets of Gungahlin, laid out with the curving streets, generous open spaces and cul-de-sacs typical of Canberra's planned suburbs from the 1990s.

With a population of 5,579 and a median age of 36, Palmerston attracts a steady mix of young families and professionals drawn to its practical layout, proximity to Gungahlin's amenities and relatively easy access to the wider Canberra road network. It suits buyers who want established gardens and settled streetscapes without straying far from newer conveniences next door.

Housing & architecture

Palmerston's housing stock reflects its 1990s origins, with brick veneer and rendered single and double-storey homes on well-proportioned blocks making up the bulk of the suburb. Current listings show houses dominate at 69 percent, with townhouses accounting for the remaining 31 percent, giving buyers a reasonable spread of options from family-sized homes with backyards to lower-maintenance attached dwellings.

Streets are generally quiet and leafy, having had two to three decades to mature, which gives Palmerston a settled feel compared with some of the newer, still-developing pockets further north in Gungahlin.

The property market

The median house price in Palmerston currently sits at $810,000, following recent growth of 8.7 percent, a solid result that reflects continued demand for established Gungahlin-area homes. Median rent is $640 a week, putting the suburb within reach of both owner-occupiers and investors looking at the broader Gungahlin rental market.

Compared with newer release suburbs nearby, Palmerston's appeal lies in its combination of established infrastructure and land size, which tends to hold its value well even as fresh stock continues to come online in neighbouring areas like Nicholls and Crace.

Schools & families

Palmerston District Primary School serves the suburb directly, making it a practical choice for families with younger children who want a short trip to school. Being part of the Gungahlin network, families also have easy access to the broader range of primary, high school and college options that have grown up around the town centre as the district has expanded.

The suburb's median age of 36 points to a strong contingent of young and established families, and the local parks and playing fields are geared toward that demographic, with space for weekend sport and casual after-school play.

Shopping

Gungahlin Town Centre, just a short drive or ride from Palmerston, is the main shopping and services hub, with a full-line supermarket, specialty retailers, cafes and the Gungahlin Library all within easy reach. For day-to-day errands, residents also have local shops scattered through neighbouring suburbs like Nicholls and Crace, keeping most essentials close at hand without a trip into central Canberra.

Getting around

Palmerston benefits from Gungahlin's well-connected road network, with routes such as Gundaroo Drive and Gungahlin Drive providing efficient access into the city and across to the Barton Highway and beyond. Light rail from Gungahlin Town Centre offers a direct run down Northbourne Avenue into the city, giving residents a car-free option for the commute.

Local bus routes link Palmerston to Gungahlin's interchange and surrounding suburbs including Nicholls, Ngunnawal and Giralang, rounding out a suburb that, while residential in character, is rarely more than a few minutes from a main road or transport link.

Parks & recreation

Like much of Gungahlin, Palmerston was designed with generous green space in mind, and its network of local parks, walking paths and playgrounds gives residents plenty of room to unwind close to home. The suburb's open reserves connect through to walking and cycling routes shared with Crace and Nicholls, making it easy to stretch a short stroll into a longer loop through the surrounding district.

Market snapshot

Palmerston property market

Median price ranks #2,162 of 3,797 suburbs · pricier than 43%
Bedrooms

Median sale price

$810k

House · 3 bed

Median rent

$640

per week

Gross rental yield

4.1%

annual rent ÷ sale price

Typical price range

Entry

$635k

Median

$810k

Premium

$933k

Days on market

29

Auction clearance

79%

Sold this year

60

Median sold price trend · House 3 bed

Compound growth +0.4% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Palmerston by dwelling type.

House70%
Townhouse30%

Who lives here

Demographics

ABS Census 2021 figures for Palmerston, ACT 2913.

Population

5,579

residents (2021)

Median age

36

years

Household income

$2,316

median, per week

Median rent

$450

per week

Median mortgage

$1,940

per month

Mortgage / income

19%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Palmerston

Government school catchment

Palmerston District Primary School

K-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Palmerston

$799k

16 Stromlo Crescent

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.05m

16 Bollard Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.22m

4 Dandenong Court

house5 bd · 2 ba · 2 car

Sold ~July 2026

$693k

19/21 Namadgi Circuit

townhouse3 bd · 2 ba · 1 car

Sold ~July 2026

$620k

1/97 Namadgi Circuit

townhouse2 bd · 1 ba · 2 car

Sold ~July 2026

$830k

94 Mainwaring Rich Circuit

house1 ba · 2 car

Sold ~June 2026

$1.15m

20 Gudgenby Close

house5 bd · 2 ba · 2 car

Sold ~June 2026

$1.45m

1/2 Lorne Place

house3 bd · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Palmerston

Loading map…

Compare the area

Price map around Palmerston

Every listing for sale near Palmerston, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
PalmerstonNearby suburbs

Loading price map…

Common questions

Palmerston suburb FAQ

What is the median property price in Palmerston?

The median house price in Palmerston, ACT is $810k for a 3-bedroom home. Over the past year, median sold prices have risen about 8.7%.

How much is rent in Palmerston?

The median weekly rent in Palmerston is around $640 per week.

Is Palmerston a good place to live?

Palmerston is a suburb in the Canberra, Australia district of Gungahlin. Palmerston is an established residential suburb in ACT, with a population of around 5,579 and 1 school in the area.

What is the population of Palmerston?

Palmerston has a population of 5,579 (ABS 2021 Census), with a median age of 36.

What schools are in Palmerston?

There is 1 school in or near Palmerston, including Palmerston District Primary School.

How long do homes take to sell in Palmerston?

Properties in Palmerston take around 29 days to sell on average, with an auction clearance rate of about 79%.

How much do you need to buy in Palmerston?

Entry-level properties in Palmerston start around $635k, while premium homes reach $933k.

What suburbs are near Palmerston?

Suburbs near Palmerston include Crace, Nicholls, Ngunnawal, Giralang and Gungahlin.

Available now

Properties in Palmerston

View all listings →
Image 1
Image 2
NewFor Sale
$775,000
house

Fresh Updates, Zero To-Do List!

3 Archel Place, Palmerston ACT 2913
311382 m²
Catherine Halloran - Freelance AgentYesterday
Ask AI about this property
Image 1
Image 2
For Sale
$770,000
house

Immaculate First Home In A Popular Suburb!

6 Laptz Close, Palmerston ACT 2913
311381 m²
Mick Barlow Property1 week ago
Ask AI about this property
Image 1
Image 2
For Sale
Price Withheld
house
StMate est. ~$1.04m

4 Bedroom with Entertainer's Backyard

41 Kosciuszko Avenue, Palmerston ACT 2913
422720 m²
Homeplus Property Group1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$600,000
townhouse

Refreshed Retreat in a Peaceful, Leafy Pocket

28/3 Everard Street, Palmerston ACT 2913
311150 m²
Stone Gungahlin4 weeks ago
Ask AI about this property
Image 1
Image 2
For Sale
$770,000
house

The Brief: A Great Opportunity in Palmerston

6 Yalga Close, Palmerston ACT 2913
312451 m²
Area Specialist - ACT2 weeks ago
Ask AI about this property
Image 1
Image 2
For Sale
$1.20m
house

Classic Colonial Charm

33 Grampians Street, Palmerston ACT 2913
422839 m²
Sadil Quinlan Properties2 months ago
Ask AI about this property
Image 1
Image 2
NewFor Sale
By Negotiation
house
StMate est. ~$1.09m

Space, Comfort and Practicality in Palmerston.

17 Bimberi Crescent, Palmerston ACT 2913
434754 m²
Local Homes & Acreage5 days ago
Ask AI about this property
Image 1
Image 2
For Sale
$799,000
house

Light-Filled Living in the Heart of Palmerston

18 Halifax Close, Palmerston ACT 2913
312480 m²
Momentum Property1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$760,000
house

Freestanding single level living on a 500sqm block

50 Mainwaring Rich Circuit, Palmerston ACT 2913
311500 m²
Stone Gungahlin1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$599,999
townhouse

A Private Garden Retreat in Peaceful Palmerston

8/7 Lofty Close, Palmerston ACT 2913
311110 m²
Raine & Horne Gungahlin3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$620,000
townhouse

New Price! Offering approximately 120 sq.m. of immaculate living space, plus garage and courtyard

26/3 Everard Street, Palmerston ACT 2913
311160 m²
Luton Properties - Dickson2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$640,000
townhouse

Freshly Painted & Carpeted Townhouse

17/25 Namadgi Circuit, Palmerston ACT 2913
324155 m²
Hilton Real Estate1 month ago
Ask AI about this property