Suburb Profile Report for Pallarenda QLD (4810)

Pallarenda House: Median price $415,000, Annual capital growth 0.46%, Number of sales 12, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

With a capital gain of -2.35% for the last 12 months, Pallarenda, 4810 has performed for property investments than its average annual 0.46% property growth over the last 5 years.

Over the longer term, Pallarenda has seen property prices show investors a 0.00% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Pallarenda itself are offering an average vendor discount of -8.26% to real estate investors.

Often selling an investment property can take time, and in Pallarenda the average time real estate has been on the market is 47.66 days.

HOUSE UNIT
$415,000 N/A
N/A N/A
-2.35% N/A
0.46% N/A
$400 N/A
12 N/A
5.01% N/A
47.66 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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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
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Recent sales & rentals