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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Investors Dream in Palmerston - Secure Rental Returns of $565 Per Week Until Oc

Located in the highly sought-after suburb of Palmerston, this low-maintenance 3-bedroom home presents an exceptional investment opportunity. Currently rented for $565 per week until October 2025, this property provides immediate, reliable rental income and the potential for strong future capital growth in a high-demand area.
The well-maintained interior boasts a practical and spacious layout, including separate lounge and dining areas. The kitchen has been upgraded with a new cooktop, stainless steel oven, and dishwasher, ensuring long-term tenant satisfaction. Modern features such as split-system heating and cooling, NBN connectivity, and floating timber flooring add to the property's appeal while minimizing ongoing maintenance costs.
Outside, the property features a generous backyard, perfect for families, as well as a covered entertaining area and off-street parking. The home is ideally positioned within easy reach of Gungahlin Town Centre, schools, local shops, and public transport, making it highly attractive to a broad range of tenants.
With its strong rental returns, minimal upkeep, and excellent location in a family-friendly community, this Palmerston property offers an outstanding investment opportunity with significant potential for capital growth. Don't miss your chance to secure this solid investment. Contact us today!
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 2,243 properties. Over the last 5 years, Houses in Palmerston have seen a 41.14% increase in median value, while Units have seen a 42.32% increase. As at 30 November 2024:

  • The median value for Houses in Palmerston is $1,035,848 while the median value for Units is $645,237.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Palmerston on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Palmerston.

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Suburb Insights for Palmerston 2913

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Jake Bunday
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LJ Hooker Gungahlin
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