5/1B The Esplanade Pallarenda QLD 4810
Property Details for 5/1b 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 5:
2018 sqm land area
862 sqm building envelope
Hillside lot
No rear neighbours, backs on to environmental reserve
For more information call Andrew Forster on 0477 220 766
Andrew.Forster@au.knightfrank.com
Property History for 5/1b The Esplanade, Pallarenda, QLD 4810
- 10 May 2024Listed for Sale Not Disclosed
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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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