47 The Esplanade, Pallarenda is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 708m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
This beautiful ocean-front property offers breathtaking views of Magnetic Island, Cape Cleveland, and the spectacular Coral Sea. Built in 1968, this is the first time this unique property has been presented to the market.
Now is the perfect opportunity to secure your dream location. Set on 708sqm, this large, elevated home with open plan living areas and large, spacious bedrooms is perfect as both a family home or a convenient weekender. It has been freshly painted inside and has polished hardwood timber floors and stairs.
Designed well ahead of its time, its sturdy construction comprises block and steel. The original kitchen and bathrooms leave scope to renovate and add personal touches, making this your special sanctuary.
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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