16 Bay St, Pallarenda is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Rare duplex investment opportunity
Each apartment of this duplex set consists of two bedrooms and is just a street back from the Pallarenda beach. The solid block construction is ideal for rental durability and each unit has its own private yard. All bedrooms are double sized, have built in wardrobes plus air conditioning to the living areas.
- Located at popular Pallarenda
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:
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