Palmerston
Slightly more than 10 years on from the turning of the area's first sod, Palmerston is now a fully fledged and functioning suburb. Leafy trees now afford their gardens ample shade, and the bulk of development is now complete.Construction first began on a large scale in Palmerston in 1994, and the locale was one of Gungahlin's first suburbs. It now has a school, Palmerston District Primary, and the Gungahlin Town Centre, with its sports club, shopping mall and library, only a short distance away. As are Gungahlin's two lakes, Gungahlin and Yerrabi ponds, and the Gungahlin Lakes Golf Club.
The Mulanggari and Gungaderra grassland nature reserves are similarly situated, meaning residents have a wide selection of prime locations for their recreational pursuits.
Real-estate prices in the locale are probably about average. The median price for a house in Palmerston hovers at about $410,000, and a unit will cost $257,000.
The ACT has a policy to name the streets of its suburbs according to a theme. In Palmerston's case they are named after mountains of Australia. Hence, Kosciuszko Avenue, Grampians Street and Surgerloaf Circuit.
The suburb is named in honour of George Thomas Palmer (1784 - 1854), who was one of the first landholders in the Gungahlin district, where he established a settlement in 1826. This was originally known as Palmerville but was later referred to as Ginninderra.
Source: The Canberra Times - 28 March, 2005.