5 Morrell Street

Pallarenda QLD 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.