347 Nerada Road, Nerada, QLD 4860 | House for sale | OnTheHouse
 
FOR SALE
$1,140,000

347 Nerada Road
Nerada QLD 4860

Bedrooms: 1
Bathrooms: 1
Car spaces: 10
Land area: 49.33ha
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121 Acres of Opportunity in the Palmerston Valley

This substantial 121-acre property is ideally positioned in the heart of the Palmerston Valley, offering a unique opportunity to secure a large holding in one of Far North Queensland's renowned tropical farming regions.
The property benefits from rich volcanic soils, approximately 3 metres of annual rainfall and a temperate tropical climate, creating an excellent environment for bananas or a wide range of agricultural pursuits.
Currently presenting primarily as a timber plantation, of semi hardwood the property offers several opportunities for the astute buyer. The existing timber may provide potential for selective logging, while the land could also be utilised for grazing or cleared for future agricultural production, unlocking the benefits of paddocks that have been rested for decades.
A substantial creek wraps around the original farmhouse and sheds, providing an attractive natural feature and contributing to the property's water resources. The holding also has a well providing ample water, further enhancing its potential for future agricultural or grazing use.

Property Details for 347 Nerada Rd, Nerada

347 Nerada Rd, Nerada is a 1 bedroom, 1 bathroom House with 10 parking spaces. The property has a land size of 49.33ha. The place is currently for sale with MoDa Real Estate.

Building Type
House
Land Size
49.33ha
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About Nerada 4860

The size of Nerada is approximately 32.2 square kilometres. There are 2 parks, covering nearly 0.3% of the total area. The population of Nerada in 2016 was 97 people. By 2021 the population was 88 showing a population decline of 9.3% in the area during that time. The predominant age group in Nerada is 0-9 years. Households in Nerada are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerada work in a managers occupation.In 2021, 100.00% of the homes in Nerada were owner-occupied compared with 96.90% in 2016.

Nerada has 70 properties. Over the last 5 years, Houses in Nerada have seen a 65.01% increase in median value. As at 31 August 2026:

  • The median value for Houses in Nerada is $442,303 while the median value for Units is $250,078.
There are currently 4 properties listed for sale, and no properties listed for rent in Nerada on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Nerada.

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Alex Venables
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Daniel Arnott
MoDa Real Estate
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