All About Pallarenda, Townsville, QLD, 4810

Pallarenda, a coastal suburb of Townsville in Queensland, boasts a unique charm that appeals to both families and retirees seeking a serene lifestyle. The housing market in Pallarenda is characterized by a mix of well-established homes and modern developments, with options ranging from cozy beachside cottages to more luxurious waterfront properties. The market has seen steady interest due to its desirable location, which provides residents with stunning ocean views and direct access to the pristine beaches of the Coral Sea. Property prices in Pallarenda tend to be competitive, reflecting its appeal as a tranquil yet well-connected suburb, just a short drive from the Townsville city center. This balance between peaceful living and accessibility makes Pallarenda an attractive option for buyers and investors alike.

Living in Pallarenda offers a relaxed, outdoorsy lifestyle that is hard to match. The suburb is surrounded by natural beauty, featuring the Cape Pallarenda Conservation Park, which provides excellent opportunities for hiking, bird-watching, and enjoying the local wildlife. The community atmosphere is welcoming and friendly, fostering a close-knit environment where neighbors look out for one another. With easy access to various recreational activities, including kayaking, fishing, and cycling along the scenic routes, residents can enjoy an active lifestyle in harmony with nature. Additionally, Pallarenda’s proximity to Townsville means that all necessary amenities, including shopping centers, schools, and healthcare facilities, are conveniently within reach. This combination of natural beauty and modern conveniences makes Pallarenda a highly desirable location to call home.

Pallarenda Real Estate Market Outlook

Thinking about buying in Pallarenda? Now could not be a better time, with just 408 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $702,000 with prices in this suburb ranging from $370,000 to $2,482,000. Pallarenda is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Pallarenda are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Pallarenda changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Pallarenda necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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