Suburb Profile

Suburb profile for,

Pallara, QLD

Located in the dynamic state of QLD (postcode 4110), PALLARA is a vibrant real estate market. This suburb holds a median house price of $880,500 and has demonstrated an average buying growth of Up 22.3%. Last month, 31 houses were available, with 60 transactions completed in the past year. Properties spend around 40 days on the market, reflecting the area's demand with 928 interested buyers. The average rental yield stands at 3.8%, with a weekly median rent of $415 per week and an average rent growth of Up 17.6%. Rental properties usually stay on the market for 17 days. The population in 2016 was 511, which changed by -16.80% in the past five years. The median weekly household income is $1,267, reflecting an income change of +0.80% over the past five years. Residents have a median age of 47 years, and the suburb has an average annual growth for houses of +14.92%. To fully take advantage of PALLARA's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in PALLARA, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Pallara, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
QLD
Suburb
PALLARA
Postcode
4110
Median price for all dwellings
$880,500
Last 12 months growth return
Up 22.3%
Avg. dwellings for sale in the suburb every month
31
Avg. dwellings sold in the suburb in previous 12 months
60
Avg days on market for a dwelling listing to sell
40 days
Avg. number of people searching in this suburb every month
928
Avg. rental yield per annum
3.80%
Weekly median rent for all dwellings
$415 per week
Median price for all houses
$880,500
Avg. rental yield growth in the previous 12 months
3.80%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
511
Total suburb population change in 5 years up to 2016
-16.80%
Avg. household income per week
$1,267
Median age of the population in the suburb
47
Historic avg annual growth return per annum in the suburb
14.92%

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