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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

50 Strawbridge Cres, Moulden

$600,000

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Freshly Updated 3-Bedroom Home with Big Shed & Beautiful Lawns

Step into this partly renovated gem. This charming residence, recently painted and tiled, boasts a range of features that will captivate your heart. As you enter this 3 bedroom 1 bathroom home, you are greeted by a sleek spacious open-plan layout, making it the perfect canvas for families or ...

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House

NT 0830


67 Don Cct, Durack

$915,000

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LAKESIDE LIVING AT IT'S FINEST!

Magical, never to be built out lake and golf course views. With stunning, uninterrupted views across the sparkling lakes to the rolling greens of the golf course this beautifully maintained and presented 4 Bed, 2 bath, with multiple living areas including a massive games or media room is without ...

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House

NT 0830


3 Rayney St, Durack

$760,000

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Where Tropical Elegance Meets Everyday Comfort

For more property information text 3RAY to 0488 810 057 For the discerning home maker seeking something truly exceptional, this residence is a standout where lush gardens, warm breezes and resort-style living combine to create a lifestyle that feels permanently on holiday. From the street, the ...

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House

NT 0830


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