PALLARENDA 4810
State: QLDPosiProp AI Investment Summary
PALLARENDA (QLD 4810) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 2.8%, with a median house buy price of $925,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$849,000
$952,500
$925,000
Suburb Market Profile
Last month Pallarenda had 2 properties available for rent and 6 properties for sale. Median sold prices over the last year is $925,000 for houses. If you are looking for an investment property, consider houses in Pallarenda rent out for $650 PW with an annual rental yield of 4.2% and units rent for $440 PW with a rental yield of 5.3%. Pallarenda has seen an annual compound growth rate of 2.8% for houses.
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