1/2 Lorne Place, Palmerston, ACT 2913 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Lorne Place
Palmerston ACT 2913

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 470m2
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Last updated 15 Jun 2026
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Property Details for 1/2 Lorne Pl, Palmerston

1/2 Lorne Pl, Palmerston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 470m2.

Building Type
House
Land Size
470m2
Local Government
Gungahlin

Last Listing description (June 2026)

Positioned in a quiet pocket of Palmerston, 1/2 Lorne Place offers a well-designed three-bedroom home on a fantastic corner position surrounded by established gardens that create a wonderful sense of privacy. With a thoughtful floorplan, north-facing living spaces and plenty of potential to further enhance the inside and out, this is a home that combines comfort today with exciting possibilities for the future.Inside, the home has been designed to provide both separation and connection between the living areas. An entry space creates a natural transition into the home, separating the family room from the main living and dining spaces. The kitchen sits between these areas, allowing each living zone to feel distinct while still being connected through the heart of the home.Both living areas are generously proportioned and benefit from a desirable north orientation, allowing natural sunlight to fill the spaces throughout the day and creating a warm and inviting atmosphere year-round.The kitchen is designed as its own dedicated room, accessed through two separate entrances. This thoughtful layout keeps the living areas open while providing a practical cooking space with plenty of cupboard storage and generous bench space for everyday living.The bedroom wing has been efficiently designed with no wasted space, offering three well-proportioned bedrooms, each with built-in robes. Both the main and secondary bedrooms enjoy a north-facing aspect, capturing excellent natural light. The main bathroom includes both a shower and bathtub, while the toilet is positioned in a separate adjacent room for added functionality and privacy.Outside, the home sits on a well-sized block with established gardens that wrap around the corner position, providing privacy and a peaceful outlook. There is ample opportunity to further enhance the gardens or create additional outdoor entertaining areas, while still leaving plenty of room for children or pets to enjoy the space.The location is another standout feature. Palmerston is a well-established suburb in Canberra's Gungahlin region, known for its quiet streets, green spaces and strong sense of community. The home is close to Palmerston District Primary School and local shops, while the Gungahlin Town Centre, offering major supermarkets, restaurants, cafs and light rail access, is only a short drive away. Residents also enjoy easy access to nearby parks, ovals and walking trails, while the Canberra CBD is approximately 20 minutes away.Offering a practical layout, north-facing living spaces and a fantastic corner position, this home presents an excellent opportunity for families, first-home buyers or those looking to secure a property with potential in a well-connected location.Features: Three well-proportioned bedrooms with built-in robes Main and secondary bedrooms with north-facing aspect Separate family room and living/dining areas Entry foyer creating separation between living zones North-oriented living areas filled with natural sunlight Dedicated kitchen room with two separate entrances Generous cupboard storage and bench space in the kitchen Functional bathroom with both shower and bathtub Separate toilet for everyday convenience Efficient bedroom wing design with no wasted space Well-sized block offering outdoor potential Corner position providing added privacy Established gardens surrounding the home Plenty of space for kids, pets or future landscaping Excellent opportunity to further enhance and add valueEssentials Approx:. Living: 105m Block: 470m Rates: $2,387 p.a Land Tax: $3,733 p.a (Investors only) Age: 34 years (built 1992) Rental Estimate: $640 - $660 EER: 2Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Independent Property Group does not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.

Property History for 1/2 Lorne Pl, Palmerston, ACT 2913

A timeline of how this property has performed in the market
  • 19 Mar 2026
    Listed for Sale By Negotiation
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About Palmerston 2913

The size of Palmerston is approximately 1.9 square kilometres. There are 8 parks, covering nearly 9.0% of the total area. The population of Palmerston in 2016 was 5525 people. By 2021 the population was 5579 showing a population growth of 1.0% 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 2021, 70.30% of the homes in Palmerston were owner-occupied compared with 66.90% in 2016.

Palmerston has 2,251 properties. Over the last 5 years, Houses in Palmerston have seen a 11.83% increase in median value, while Units have seen a 31.94% increase. As at 31 May 2026:

  • The median value for Houses in Palmerston is $1,086,763 while the median value for Units is $694,027.
  • Houses have a median rent of $675 while Units have a median rent of $600.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Palmerston on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Palmerston.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.