Suburb Profile Report for Pallara QLD (4110)

Pallara House: Median price $589,900, Annual capital growth 6.68%, Number of sales 69, Weekly median advertised rent $470

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 6.87% for the last 12 months, Pallara, 4110 has performed for property investments than its average annual 6.68% property growth over the last 5 years.

Pallara,4110 was ranked 3310 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Pallara should be aiming for at least -3.66% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Pallara the average time real estate has been on the market is 78.5517 days.

Property investors should expect to get $470 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$589,900 N/A
1.72% N/A
6.87% N/A
6.68% N/A
$470 N/A
69 N/A
4.14% N/A
78.551724137931 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 614
Median household income ($/weekly) 1196
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 3
  • Census Count Percent(%)
    5-14 years 80 13.0
    25-34 years 54 8.8
    35-44 years 76 12.4
    45-54 years 112 18.2
    55-64 years 93 15.1
    Others 199 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 239 50.7
    Not Married 203 43.1
    Defacto Relationship 29 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 419 70.2
    Croatia 9 1.5
    United Kingdom 22 3.7
    Viet Nam 44 7.4
    Other 42 7.0
    Others 61 10.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 9.9
    Christianity 356 61.7
    Hinduism 9 1.6
    Islam 9 1.6
    No Religion 139 24.1
    Others 7 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 17 9.2
    $800-$999 17 9.2
    $1,000-$1,249 26 14.1
    $1,500-$1,999 24 13.0
    $2,500-$2,999 17 9.2
    Others 83 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 202 41.9
    Employed, worked full-time 174 36.1
    Employed, worked part-time 80 16.6
    Unemployed, looking for work 20 4.1
    Employed, away from work 6 1.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 44 16.9
    Professionals 44 16.9
    Technicians & trades workers 37 14.2
    Clerical & administrative workers 41 15.7
    Sales 26 10.0
    Others 69 26.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 50 33.8
    Secondary 39 26.4
    University or other Tertiary Institutions 35 23.6
    Technical or Further Educational Institution 18 12.2
    Pre-school 6 4.1
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 579 97.3
    Flat, unit or apartment 11 1.8
    Caravan, cabin, houseboat 5 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 100 50.0
    Being purchased 57 28.5
    Rented 43 21.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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