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Palmerston City
NT, 0830 - Palmerston

Thinking about buying in Palmerston City? Now could not be a better time, with just 339 residential dwellings it's a highly sought after location. Palmerston City is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $350.00
Median Monthly Mortgage $1943.00
Median Persons Per Bedroom 0.90
Average Household Size 3.00
Average Age 32.00
Average Income $972.00
Average Cars Per Dwelling 1.55
Average Properties Within 50M 45

Housing Stock

Average Property Prices

Palmerston City Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Palmerston City driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Palmerston City 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 City provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Palmerston City requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.


Local Schools

Durack Primary School

Gray Primary School

Driver Primary School

Bakewell Primary School

Sacred Heart Catholic Primary School

Palmerston College

(While the above schools are located with the suburb of Palmerston City 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 City 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

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

YarrawongaDriverGrayGunnFarrarDurackBakewellWoodroffeJohnstonGurdorrka

Public Transport


General Points of Interest

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