FOR SALE
$745,000 - $765,000

16 Redcliffe Street
Palmerston ACT 2913

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 390m2
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3 Bedroom Home in the Heart of Palmerston

Positioned in the sought after suburb of Palmerston, this low-maintenance 3-bedroom home presents an outstanding investment opportunity. With a well-maintained interior and a functional layout, the property already has fantastic tenants secured until October 2025. The potential for rental returns here is strong, with proximity to Gungahlin Town Centre and excellent public transport links in a family friendly area.
The home offers a practical, spacious layout with separate lounge and dining areas. The spacious kitchen is fitted with an updated cooktop, stainless steel oven, and dishwasher. There are so many features on offer including split system heating and cooling, NBN connectivity, and floating timber flooring throughout. This home makes for easy upkeep, ensuring minimal maintenance costs and broad tenant appeal.
Outside, the property features a generous, kid-friendly backyard with a covered entertaining area and off street parking.
With easy access to local shops, schools, and public transport, plus a quick commute to the city, this Palmerston property offers a solid investment with potential for future capital growth.
Features..
� 3 bedroom single level home
� Well-maintained bathroom
� Separate lounge and dining areas
� Great-sized, bright and open kitchen features updated cooktop and stainless steel oven plus dishwasher
� Split system heating and cooling in the lounge room
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Property Details for 16 Redcliffe St, Palmerston

16 Redcliffe St, Palmerston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 390m2 and floor size of 120m2. The place is currently for sale with LJ Hooker Gungahlin.

Building Type
House
Floor Size
120m2
Land Size
390m2

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About Palmerston 2913

The size of Palmerston is approximately 1.9 square kilometres. It has 8 parks covering nearly 9% of total area. The population of Palmerston in 2011 was 5,681 people. By 2016 the population was 5,526 showing a population decline of 2.7% in the area during that time. The predominant age group in Palmerston is 30-39 years. Households in Palmerston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmerston work in a professional occupation. In 2011, 66.6% of the homes in Palmerston were owner-occupied compared with 66.9% in 2016.

Palmerston has 2,227 properties. Over the last 5 years, Houses in Palmerston have seen a 45.29% increase in median value, while Units have seen a 46.30% increase. As at 31 October 2024:

  • The median value for Houses in Palmerston is $1,040,143 while the median value for Units is $647,703.
  • Houses have a median rent of $645 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Palmerston on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Palmerston.

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Jake Bunday
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LJ Hooker Gungahlin
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