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Pallarenda
AREA REPORTS

Pallarenda

Pallarenda - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4810

house

Based on its average 5-year and quarterly capital gains PALLARENDA, 4810 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that PALLARENDA, 4810 obtained a 2.36% growth over a ten-year period. It ranks 3360th on our list of suburbs that property investors should look into.

PALLARENDA, 4810 in QLD belongs to the local government area of Townsville (C).

PALLARENDA, 4810 has a capital gain of 17.85% for the past year, which is higher than average compared to its 21.18% growth within a five-year period.

With the median home price in PALLARENDA sitting at $515,000, and the average rent at $382.5, property owners could potentially earn a 3.86% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PALLARENDA are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Pallarenda
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $515,000 N/A
GROWTH REPORT
Median Quarterly -3.74% N/A
Median 12 month 17.85% N/A
Median 3 years 18.39% N/A
Median 5 years 21.18% N/A
10 years average annual 2.36% N/A
Weekly media advert. rent $382.5 N/A
Time on Market 17.7 days N/A
Gross Rental Yield Percent 3.86% N/A
demographics (median values)*
Total Population
1025
Weekly Household Income
1335
Household Size
2.70
Age
43
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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