Suburb Profile Report for Pallarenda QLD (4810)

Pallarenda House: Median price $410,000, Annual capital growth 2.37%, Number of sales 13, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Pallarenda, 4810 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.82%

Across a shorter period, Pallarenda, 4810 has seen a median price increase of 4.79% over the last quarter.

Vendor discounting in Pallarenda is giving property investors an average Vendor Discount of around -7.40%. This puts suburb at number 312th in QLD when ranking the most discounted suburbs.

At number 1122 in a list of fastest selling suburbs, Pallarenda is in the TOP 30% of suburbs in Australia with an average of days on market 63.7 for properties listed there.

Pallarenda is 185th on a list of best yielding suburbs for rents in QLD with a 5.33% return

HOUSE UNIT
$410,000 N/A
4.79% N/A
-6.82% N/A
2.37% N/A
$420 N/A
13 N/A
5.33% N/A
63.7 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 815
Median household income ($/weekly) 1689
Median age of persons 42
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 105 12.9
    25-34 years 94 11.5
    35-44 years 105 12.9
    45-54 years 165 20.2
    55-64 years 114 14.0
    Others 233 28.6
    Age Group
    Census Count Percent(%)
    Registered Married 296 51.5
    Not Married 206 35.8
    Defacto Relationship 73 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 603 81.3
    Greece 8 1.1
    Papua New Guinea 27 3.6
    United Kingdom 52 7.0
    Other 22 3.0
    Others 30 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 1.3
    Christianity 473 65.7
    Islam 4 0.6
    Other Religious Groups 9 1.3
    No Religion 222 30.8
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 19 7.8
    $1,500-$1,999 29 11.9
    $2,000-$2,499 30 12.3
    $2,500-$2,999 28 11.5
    $3,000-$3,499 23 9.5
    Others 114 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 287 46.4
    Not in the labour force 166 26.8
    Employed, worked part-time 105 17.0
    Employed, away from work 40 6.5
    Unemployed, looking for work 21 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 67 15.6
    Professionals 138 32.1
    Technicians & trades workers 62 14.4
    Community & personal service workers 45 10.5
    Clerical & administrative workers 57 13.3
    Others 61 14.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 71 39.9
    Secondary 44 24.7
    University or other Tertiary Institutions 41 23.0
    Technical or Further Educational Institution 13 7.3
    Pre-school 9 5.1
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 698 93.1
    Semi-detached, row or terrace house, townhouse 35 4.7
    Flat, unit or apartment 17 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 99 34.1
    Being purchased 99 34.1
    Rented 92 31.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals