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Investment Property Palmerston, NT

Region Snapshot

Palmerston is a region in Northern Territory, Australia. Palmerston has a population of 33,788 people and 40.81% of its occupants live in rental accommodation. The median listing price for houses is $580,000 and this has changed 6.42% over the past year and changed 9.43% over 2 years.

The median rent in for houses is $640 per week and the median rental yield is 5.73%. Stock on the market for houses/townhouses has changed -55.30% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $329,000 and this has changed -0.31% over the past year. The average unit takes NA days to sell and the median rent for a unit in Palmerston is $470 per week, producing a rental yield of 7.42%.

Supply & Demand in Palmerston

1.23%

Current vacancy rate


193

Rental stock available


33,788

Population


40.81%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Palmerston

  House Townhouses Units
Median listing price $580,000 $390,000 $329,000
Median price change - last quarter 1.84% 0.00% 1.56%
Median price change - 1 year 6.42% 1.96% -0.31%
Median price change - 2 years 9.43% -2.50% 9.66%
  House Townhouses Units
Median weekly rent $640 $550 $470
Median yield % 5.73% 7.33% 7.42%
Median rent change - 1 year 4.91% 14.58% 2.17%
  House Units
Previous month sales 119 32
Stock on market previous month 135 44
Stock variance vs. last year -55.30% -55.10%
Average days on market NA NA

Palmerston investment property listings

Showing 3 of 3 investment properties found in Palmerston on realestateinvestar.com.au

N/A, Zuccoli

$830,000

property pic

Goldmine for SMSF, investors & (Owner occupiers T&Cs apply)

Buyers who act with clarity winbuyers who wait, watch prices move. Modern 4 bed, 2 bath, 2 car garage home with two living areas on a 619sqm block this is the goldmine. Built with premium quality and never rented out. Energy-efficient with solar and battery system already in place. Side access ...

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4

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2

House

NT 0832


3/59 Mannikan Ct, Bakewell

$495,000

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LOVELY 3 BED TRIPLEX

Combining effortless low maintenance appeal with a spacious three-bedroom layout and impressively large courtyard, this neat and tidy triplex appeals just as much with its location, which places it just along the street from every essential within Bakewell Shopping Centre. Quiet location at the ...

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3

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1

Unit

NT 0832


128 Crosby St, Zuccoli

$0

property pic

Fully Tenanted Class 1b Co-Living Investment | $1,680 Gross Per

Property Specifics: Year Built: 2025 Council Rates: Approx. $1,459.16 per year Area Under Title: 639 square metres Vendor's Conveyancer: Conveyancing Solutions NT Preferred Settlement Period: 30-45 days from the contract date Preferred Deposit: 10% Easements as per title: Electricity supply ...

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4

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4

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2

House

NT 0832


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