Palmerston is a suburb which lies within the Territorial Authority of Waitaki, one of 24 residential suburbs which form the wider region. Palmerston is the 2nd largest suburb of Waitaki in terms of the total number of residential housing stock. Palmerston provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Palmerston is made up of approximately 79% residential housing , 1% residential investment housing and 21% lifestyle properties.