3b Stephanie St, Bellamack is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 88m2.
Located in a quiet street in one of Palmerston's premier master planned suburbs only minutes from the local corner store, dining district and schools.
The National Rental Affordability Scheme ('NRAS' or 'the Scheme') is an Australian Government affordable housing initiative, delivered in partnership with state and territory governments. Governments, the business sector and community organization's have recognized that housing affordability is an issue of significant community concern. The growing cost of housing is having an impact on the ability of many Australians to meet their financial commitments. The Scheme seeks to address the shortage of affordable rental housing by offering annual financial incentives for up to ten years, to rent dwellings for eligible NRAS tenants at 80 per cent or less of the market value rent.
NRAS issues financial incentives to organizations that provide people on low to moderate incomes with an opportunity to rent homes at a rate that is at least 20 percent below market value rent. NRAS homes are not social housing-they are affordable private rental homes.
Features include
*Self contained granny flat with a large bedroom
*Built in wardrobes
*Open plan bathroom, kitchen, and living/dining room.
*Private entrance with a fully fenced private yard and patio.
*Undercover parking
*Air conditioned throughout
*Tiled throughout
* NRAS HOUSING
* Please note that this property is on a share block.
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The size of Bellamack is approximately 1.3 square kilometres. It has 5 parks covering nearly 20.4% of total area. The population of Bellamack in 2016 was 2458 people. By 2021 the population was 2423 showing a population decline of 1.4% in the area during that time. The predominant age group in Bellamack is 30-39 years. Households in Bellamack are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellamack work in a community and personal service occupation.In 2021, 38.50% of the homes in Bellamack were owner-occupied compared with 36.50% in 2016.
Bellamack has 960 properties. Over the last 5 years, Houses in Bellamack have seen a 39.83% increase in median value, while Units have seen a 11.99% increase. As at 31 January 2026:
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