OFF MARKET

1 The Esplanade
Pallarenda QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 441600m2
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Property Details for 1 The Esplanade, Pallarenda

Building Type
Land
Land Size
441600m2
Local Government
Townsville City
Lot/Plan
633/EP1908

Last Listing description (July 2024)

Magnetic Views is a unique luxury enclave land development with breathtakingly beautiful views of Magnetic island and Townsville. Magnetic Views has a limited number of lots available. This exclusive opportunity to secure your dream location is by invite only and we welcome you to complete an Expressions of Interest Form.

Nestled in the escarpment of Cape Pallarenda with views to Magnetic Island in the east, Townsville to the south and an impressive skyline bordered by the spectacle of the coral sea. At Magnetic Views from sunrise to sunset the horizon will always leave your breathless.

A gated estate offering an exclusive oasis to build your architecturally designed dream home, a place to escape and enjoy life.

Nestled in the heart of Cape Pallarenda is Magnetic Views Estate. A boutique gated community offering an enclave of 13 exclusive residential lots.

This limited release boutique estate has been designed for ease of living. Offering a secure environment to families and is an investment in your lifestyle. Creating an address with a sense of place, position, function and ambience.

A total of 13 lots are offered in Magnetic Views Estate. Lots range in size from 773m - 2855m

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a propertys land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.

Property History for 1 The Esplanade, Pallarenda, QLD 4810

A timeline of how this property has performed in the market
  • 22 Jan 2024
    Listed for Sale Now Selling
  • 07 Nov 2023
    Listed for Sale Now Selling
  • 04 May 2023
    Listed for Sale Now Selling
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About Pallarenda 4810

The size of Pallarenda is approximately 2.6 square kilometres. It has 3 parks covering nearly 11.6% of total area. The population of Pallarenda in 2011 was 815 people. By 2016 the population was 781 showing a population decline of 4.2% in the area during that time. The predominant age group in Pallarenda is 40-49 years. Households in Pallarenda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pallarenda work in a professional occupation. In 2011, 66.4% of the homes in Pallarenda were owner-occupied compared with 72% in 2016.

Pallarenda has 392 properties. Over the last 5 years, Houses in Pallarenda have seen a 59.97% increase in median value, while Units have seen a 17.26% increase. As at 31 October 2024:

  • The median value for Houses in Pallarenda is $773,321 while the median value for Units is $449,205.
  • Houses have a median rent of $510.
There are currently 3 properties listed for sale, and no properties listed for rent in Pallarenda on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Pallarenda.

Suburb Insights for Pallarenda 4810

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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.