321 Ritchie Rd, Pallara
Seize this exceptional chance to own a prime piece of land in the rapidly developing area of Pallara. This sub dividable land, located at 321 Ritchie Rd, Pallara, Land size 8,954 m. Surrounded by new developments, this property offers immense potential for future growth and investment.
Current Structure: A shed house with 3 bedrooms, valued primarily for the land
Don't miss out on this rare opportunity !
For inquiries, please contact exclusive agency Amena Tchung @ atrealty on 0438 388 999, amena@atrealty.com.au
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 3,563 properties. Over the last 5 years, Houses in Pallara have seen a 52.29% increase in median value, while Units have seen a 33.11% increase. As at 31 August 2024:
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