2/5 The Esplanade, Pallarenda is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 809m2.
Set in the popular seaside suburb of Pallarenda opposite the ocean, this two bedroom duplex offers views to Magnetic Island, perfect for beach lovers. Featuring beautiful polished timber floors, airconditioned living, galley style kitchen, modern bathroom and separate toilet. There is an undercover garage, with additional space for an extra vehicle. Pallarenda is famous for its relaxed lifestyle where you will feel like you are on holidays all year round.
Features
* 2 bedrooms, 1 includes a builtin wardrobe
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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