$450 ▲ +14.8%
Higher than 80% of statistical area 2 (sa2) areas.
- 2011: $392
- 2016: $380
- 2021: $450
Median weekly rent paid by households renting their home.
Palmerston · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
More than 84% of homes in Palmerston have three or more bedrooms, making it an area dominated by larger family dwellings. While typical mortgage payments are around $1,940 a month, the typical weekly rent is much higher than most areas at $450. The housing mix is heavily skewed toward larger properties, with very few small apartments.
All statistical area 2 (sa2) areas, 2021. The marker is Palmerston — higher than 80% of areas.
| Palmerston | $450 |
|---|---|
| 2913, ACT | $460 |
| Australian Capital Territory | $450 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents here are $450, which is a little above the national figure and has risen by $58 since 2011. Meanwhile, the typical monthly mortgage payment is $1,940, a figure that is about the same as the ACT average and has fallen by $124 over the last decade.
$450 ▲ +14.8%
Higher than 80% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,940 ▼ -6.0%
Higher than 56% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Palmerston, $350–$549 is the majority at 59%; $550–$749 is next at 17%.
In Palmerston, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (31%) and Under $1,000 (14%).
How homes are owned or rented.
The most common way of living in Palmerston is owning a home with a mortgage, accounting for 42% of households. Those who own their home outright make up 28.3% of the area, while renters also make up 28.3%, a figure that has fallen by 3.4 percentage points since 2011.
28.3% ▼ -10.6%
Higher than 54% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
28.3% ▲ +12.9%
Lower than 63% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Palmerston, the largest group is Owned with a mortgage at 42%, followed by Owned outright (28%) and Rented (28%).
Houses, townhouses, apartments and bedrooms.
Large homes are common, with 84.8% having three or more bedrooms, which is far above the ACT and national figures. While 60.2% are separate houses, this is far below the national average, as nearly 40% of the area consists of townhouses or semi-detached homes.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
60.2% ▼ -6.8%
Lower than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
84.8% ▲ +0.2%
Higher than 67% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Palmerston, Separate house is the majority at 60%; Townhouse / semi-detached is next at 40%.
In Palmerston, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (31%) and 2 bedrooms (14%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Palmerston [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801041048/palmerston/topic/housing-dwellings