Palmerston, 2913 ranked 78th in ACT when comparing growth in median property values or capital gain over the last 12 months. Palmerston is one of 126 in our list for ACT
Over the longer term, Palmerston has seen property prices show investors a 15.93% return over the last 3 years. This is worse than over the last 12 months
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.63% offered to property buyers. Sellers in Palmerston itself are offering an average vendor discount of -2.17% to real estate investors.
Advertised rents are around the $490 mark per week – giving a return of 4.03% based on the median price in Suburb
Giving property investors a a stable capital gain of 8.09% for the last year, Palmerston, 2913 is the 492th highest performer in Australia in this respect.
Palmerston,2913 has offered an average of 8.09% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.21% to buyers in Palmerston at the moment, which is less than average for the rest of ACT.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
Palmerston, 2913’s gross rental yield is 5.10%