Pallarenda is in the TOP 20% in QLD when comparing median price capital growth over the last year. Pallarenda gave property investors a very good capital gain figure when compared to the rest of the state, with 12.20%.
While Pallarenda,4810 ranked number 440th in QLD for increase in median house value (annualised) increase, it is ranked 626th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pallarenda is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 181th in terms of most discounted suburbs in QLD
Property investors should expect to get $390 weekly from the median priced house in this suburb.