FOR SALE
Offers Over $3,000,000

51 Devries Road
Pallara QLD 4110

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 16190m2
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Prime Development Opportunity in Pallara

Discover the immense potential of this 1.62ha block at 51 Devries Road, Pallara-an exceptional opportunity for developers, investors, or those seeking a lifestyle upgrade.
Strategically located opposite newly subdivided lands with dual street access, this property opens up a world of possibilities.
Key Features of the Property
The existing 3-bedroom, 2-bathroom home offers:
• High ceilings and porcelain tiles.
• Split-system air conditioning for year-round comfort.
• A spacious kitchen with modern appliances and a gas cooktop.
• A large Colorbond shed, a converted dual car garage, and a double undercover carport for ample storage and convenience.
Prime Location Benefits
• Situated just 200 meters from Pallara State School, with Forest Lake Shopping Centre and other local amenities close by, this property boasts easy access to: The proposed Pallara shopping center.
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Property Details for 51 Devries Rd, Pallara

51 Devries Rd, Pallara is a 3 bedroom, 2 bathroom House. The property has a land size of 16190m2. The place is currently for sale with Ray White Acacia Ridge.

Building Type
House
Land Size
16190m2

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About Pallara 4110

The size of Pallara is approximately 6.8 square kilometres. It has 4 parks covering nearly 4.7% of total area. The population of Pallara in 2011 was 614 people. By 2016 the population was 511 showing a population decline of 16.8% in the area during that time. The predominant age group in Pallara is 50-59 years. Households in Pallara are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Pallara work in a managers occupation. In 2011, 77.4% of the homes in Pallara were owner-occupied compared with 73.6% in 2016.

Pallara has 3,532 properties. Over the last 5 years, Houses in Pallara have seen a 68.46% increase in median value, while Units have seen a 67.67% increase. As at 31 October 2024:

  • The median value for Houses in Pallara is $933,630 while the median value for Units is $699,630.
  • Houses have a median rent of $680 while Units have a median rent of $570.
There are currently 52 properties listed for sale, and 7 properties listed for rent in Pallara on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Pallara.

Suburb Insights for Pallara 4110

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Umair Khan
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Rocky Bhullar
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Ray White Acacia Ridge
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.