FOR SALE
EOI Closing 7 November 2024 4pm (AEST)

85 Kraft Road
Pallara QLD 4110

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16200m2
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PALLARA - 1.62HA* RESIDENTIAL SUBDIVISION SITE

• Land area: 1.62* Hectares (16,200m²*)
• Zoned Low Density Residential
• Concept plan prepared for 28 lots, ranging in size between 300m²* to 433m²*
• Near level topography throughout
• Very strong local owner occupier and investment market
• One of the few remaining land development opportunities in this Brisbane catchment
• Within 2.5km* to the Pallara State School and Coles Shopping Centre (under construction)
• Easy access to major transport links, providing direct access to Brisbane, Ipswich, Logan and the Gold Coast
• 35mins* to the Brisbane CBD
Expressions of Interest
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Property Details for 85 Kraft Rd, Pallara

Building Type
Commercial
Land Size
16200m2

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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 3,511 properties. Over the last 5 years, Houses in Pallara have seen a 65.58% increase in median value, while Units have seen a 61.73% increase. As at 30 September 2024:

  • The median value for Houses in Pallara is $947,140 while the median value for Units is $691,866.
  • Houses have a median rent of $670 while Units have a median rent of $365.
There are currently 48 properties listed for sale, and 11 properties listed for rent in Pallara on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Pallara.

Suburb Insights for Pallara 4110

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Matthew Fritzsche
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Tony Williams
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RW Special Projects Queensland
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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.