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Palmerston
NT, 0830

Thinking about buying in Palmerston? Now could not be a better time, with just 270 residential dwellings it's a highly sought after location. Palmerston is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $484.60
Median Monthly Mortgage $2122.00
Median Persons Per Bedroom 0.90
Average Household Size 3.00
Average Age 33.00
Average Income $1226.00
Average Cars Per Dwelling 2.26
Average Properties Within 50M 1

Housing Stock

Average Property Prices

Palmerston Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Palmerston driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Palmerston ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Palmerston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Palmerston necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Palmerston

Elders 3 HORSESHOE CT, MARLOW LAGOON, NT, 0830 Beds6 Bathrooms4 Parking 10 PRICE GUIDE $1,550,000
Real Estate Central 10 GREENHIDE RD, MARLOW LAGOON, NT, 0830 Beds3 Bathrooms1 Parking 2 Under Contract

Local Schools

Palmerston Christian School

Palmerston College

Moulden Primary School

Driver Primary School

Durack Primary School

Gray Primary School

Sacred Heart Catholic Primary School

Woodroffe Primary School

Forrest Parade School

(While the above schools are located with the suburb of Palmerston there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Palmerston weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan15.825.132.063.194.14.718.8
Feb13.825.332.262.493.84.421.0
Mar8.225.232.758.594.63.721.2
Apr3.724.333.146.792.53.521.8
May0.722.532.437.486.13.920.8
Jun0.020.031.331.685.93.920.2
Jul019.531.629.287.63.720.8
Aug0.119.632.227.189.23.622.6
Sept0.822.833.535.689.83.724.7
Oct2.424.534.041.089.94.025.4
Nov5.425.334.048.790.73.724.6
Dec7.525.733.555.292.23.722.6

source: Australian Government Bureau of Meteorology


Internet Speed


Nearby Suburbs

Marlow LagoonMouldenDriverWoodroffeArcherGrayDurackTivendaleBellamackPalmerston City

Public Transport


General Points of Interest

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