Pallarenda QLD 4810

Here you can find what you need to know about Pallarenda, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$455k Median Sale Price (National Average $485k) 446th In QLD
5.20% Median Price Change (1 yr) (National Average 4.30%) 190th In QLD
$405pw Median Rent (National Average $395) 423rd In QLD
4.6% Median Gross Yield (National Average 4.24%) 445th In QLD
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Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Pallarenda, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Pallarenda, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Pallarenda, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Pallarenda


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State Auction Clearance Rates - February 2020

Auctions Clearance rate
QLD 168 39%
ACT 74 73%
NSW 921 72%
NT 4 75%
SA 85 52%
TAS 2 50%
VIC 1188 76%
WA 39 28%

Local Schools


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Suburb Information

Pallarenda, QLD 4810

Part of: Townsville City Council No data available

The size of Pallarenda is approximately 2.6 square kilometres. It has 3 parks covering nearly 18.4% of total area. The population of Pallarenda in 2011 was 815 people. By 2016 the population was 781 showing a population decline of 4.2% in the area during that time. The predominant age group in Pallarenda is 40-49 years. Households in Pallarenda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pallarenda work in a professional occupation. In 2011, 66.4% of the homes in Pallarenda were owner-occupied compared with 72% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Pallarenda

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Pallarenda   for Houses in last 12 months


There have been 11 Houses sold in Pallarenda in the past 12 months with a median sale price of $455K, up 5.2% annually. It takes on average 141 days to sell with vendor discounting of -6.61%.

Streets in Pallarenda


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