SOLD
Sold on 10 Sep 2024 for $5,000,000

2 Montgomery Circuit
Pallara QLD 4110

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 518m2
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Property Details for 2 Montgomery Cct, Pallara

Building Type
Land
Land Size
518m2
Local Government
Brisbane
Lot/Plan
1/SP141128

Last Listing description (November 2024)

Whether you're ready to press go with your dream home plans or looking to secure a sweet 'on-the-rise' slice of Brisbane's south that you can sit on till you're ready to build (STCA), this substantial allotment in the serene surrounds of Pallara - a desirable suburb that's getting harder to get into - would make a stellar site for buyers at any stage in life.

Top features:

_ 3 SIDES RETAINING WALLS are done & ready for you to build your dream home.

- Get your skates on - this is one of the last blocks available in this pretty pocket of Pallara
- An idyllically level block of 518m2 in a quiet cul-de-sac just off Blunder Road
- Be design-inspired by the stylish new homes all around you
- A blossoming new enclave surrounded by peaceful parkland for restorative walks
- Well-serviced by local schools & shopping, yet only 20km from the centre of town

One look at this block and you'll be conjuring up your new build in no time! Perhaps it's a low-fuss, easy to get around lowset you can enjoy through your retirement? Maybe it's a statement 2-storey with all the bells and whistles you've dreamed of for your family?

Whatever your hopes and dreams, this block provides a solid foundation and proximity to a growing list of local amenities.

- 1.1 km to Pallara Early Learning Centre
- 1.4 km to Pallara State School
- 2 km to Logan Motorway
- 2 km to Forest Lake State High School
- 2.2 km to Forest Lake Shopping Centre

Land bank this block or grab it fast, before it goes, and start building as soon as you can (STCA).

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

Property History for 2 Montgomery Cct, Pallara, QLD 4110

A timeline of how this property has performed in the market
Last Sold
$5,000,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $5,000,000
  • 03 Jun 2024
    Listed for Sale Under Contract
  • 06 Sep 2022
    Sold for $369,000

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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 3,537 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 50 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.

Suburb Insights for Pallara 4110

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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.