OFF MARKET

8 Morrell Street
Pallarenda QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 708m2
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Property Details for 8 Morrell St, Pallarenda

8 Morrell 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 708m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
708m2
Local Government
Townsville City
Lot/Plan
46/P79618

Last Listing description (November 2021)

Davison @realty is proud to present this outstanding Duplex. Located in one of Townsvilles most popular beach suburbs Pallarenda. Situated on a 708 sqm allotment with a separate fenced yard at rear. Both units are of double brick construction and include 2 bedrooms, large open plan living areas & large kitchens.
Pallarenda beach offers a local boat launch facility, swimming enclosure, national park walking tracks & picnic areas.
Neighboring Rowes Bay is only a few minutes away and offers Rowes Bay Golf Club & caravan park along with playgrounds, BBQ & picnic areas.

Public transport also services this relaxed community.
A sound investment for an astute buyer with a combined gross yearly income of $31,2000 with both units currently tenanted.

Each Unit Features
- 2 x two-bedroom units
- Built-in wardrobes
- Airconditioned
- Security screens
- Ample storage
- Garden shed
- 2 car accommodations
- Separate backyard (fenced)
- 708 sqm allotment
- 1 Title, No Body Corp fees
- Gross rental return of $31,200

For an inspection, please contact Grant from Davison @realty on 0413 984 703

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Property History for 8 Morrell St, Pallarenda, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$485,000
14 Sep 2021
Listed for Rent
09 Feb 2013
  • 14 Sep 2021
    Sold for $485,000
  • 19 Aug 2021
    Listed for Sale $519,000
  • 09 Feb 2013
    Listed for Rent - Price not available
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Pallarenda on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Pallarenda.

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