10/1B The Esplanade Pallarenda QLD 4810
Property Details for 10/1b The Esplanade, Pallarenda
Last Listing description (September 2024)
Magnetic Views Estate is a secure, gated community of thirteen land lots situated at beautiful Cape Pallarenda.
Bordered by beach, and conservation parkland - this estate offers privacy, tranquility and lush surrounds with stunning views of the Coral Sea to Magnetic Island and
beyond.
The mortgagee is open to considering all offers presented.
Lot 10:
1314 sqm land area
645 sqm building envelope
Elevated lot with views
For more information call Andrew Forster on 0477 220 766
Andrew.Forster@au.knightfrank.com
Property History for 10/1b The Esplanade, Pallarenda, QLD 4810
- 09 Jul 2024Listed for Sale ALL OFFERS CONSIDERED
- 05 Jun 2023Sold for $975,000
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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.
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