SOLD
RECENT ADVICE
Sold on 27 Sep 2024 for $3,350,000

168 Laxton Road
Pallara QLD 4110

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1.62ha
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Property Details for 168 Laxton Rd, Pallara

168 Laxton Rd, Pallara is a 4 bedroom, 1 bathroom House. The property has a land size of 1.62ha. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Pallara in the last 12 months.

Building Type
House
Land Size
1.62ha
Local Government
Brisbane
Lot/Plan
73/RP87803

Last Listing description (September 2024)

With the DA ready to be lodeged, you can subdivide, develop or land bank! This 16,200m2 (1.62 ha) of massive land have plenty to offer. Situated on a prime street where most lots are already sold and developed and the very few remaining are in high demand, this is a perfect opportunity for developers, investors and people looking to upgrade their lifestyle alike!
Massive ROI on one of the last lots left in the area!

80m frontage, mins from the bus stop, local school and Blunder Rd. The location couldn't be better!

The block is one of the last remaining un-developed sites in the area. It is located mins to Pallara State School, Forest Lake Shopping Centre, Forest Lake State School and arterial roads. Re-sale value is currently holding as many first home buyers and families look to house and land packages to secure themselves a home.

- 16,200m2 low density residential land
- DA ready for 1x10 Lots (pre-lodgment meeting done)
- Potential to subdivide into 15-17 Lots (STCA)
- All neighboring properties sold and ready for development
- Sewage pipe sorted because of the neighboring properties
- Save the cost of civils build a road connecting the lots from next door as it is already under development by the neighboring property
- Most hard work been done with all reports available to the buyers (Town planning, civils, DA, soil test, proposed development, environmental engineer reports etc.)
- Huge ROI
- Infrastructure already in place for the street

Contact Syed or Sunny today for any queries or site inspections.

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

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Property History for 168 Laxton Rd, Pallara, QLD 4110

A timeline of how this property has performed in the market
Last Sold
$3,350,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $3,350,000
  • 26 Jun 2024
    Listed for Sale Not Disclosed
  • 08 Apr 2022
    Listed for Sale Offers over $3,000,000
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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 3,536 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 49 properties listed for sale, and 9 properties listed for rent in Pallara on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Pallara.

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Sunny Singh
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Syed Ali
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