121 Kraft Road, Pallara, QLD 4110 | Property Value & History | OnTheHouse
OFF MARKET

121 Kraft Road
Pallara QLD 4110

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 78m2
Land area: 11050m2
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Property Details for 121 Kraft Rd, Pallara

Building Type
Land
Year Built
1980
Floor Size
78m2
Land Size
11050m2
Local Government
Brisbane
Lot/Plan
96/RP87803

Last Listing description (March 2026)

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121 Kraft Road, Pallara • LOT 6


Positioned within one of Brisbane's most sought-after growth corridors, Lot 6 presents a rare opportunity to secure a large, premium residential parcel in Pallara. This substantial 7,800m² lot (0.78ha) forms part of a highly desirable land release, offering both lifestyle appeal and long-term investment potential in a rapidly growing, family-friendly suburb.

This lot is unregistered, with services to be installed as part of the development (including water, power, and sewer). Once completed, the lot will be ready for future development (STCA). With dual street frontage, driveway access can be designed from two sides, providing flexibility for home design, landscaping, and potential future additions.

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Property Highlights

• Lot Size: 7,800m² within 121 Kraft Road Pallara
• Dual street frontage with potential driveway access from two sides
• Unregistered lot - settlement upon registration
• Services to be installed as part of the development (water, electricity, sewer)
• Excellent opportunity to design and build a custom lifestyle home
• Potential for dual-living, home business, or lifestyle use (STCA)
• Elevated parcel with ample space for building and outdoor living
• Generous land size with room for gardens, recreation, or hobby farming

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Lifestyle Features:

• Quiet, village-style environment with space and privacy
• Large outdoor area suitable for pool, entertaining, or family activities
• Flexible parcel offering creative design options for future home or secondary dwelling (STCA)

Location & Connectivity

Community & Recreation:
• Peaceful suburban setting within a growing residential area
• Close to local parks, playgrounds, and walking trails
• Minutes to Forest Lake Shopping Centre, cafés, and dining precincts

Education:
• Pallara State School - approx. 1.6km
• Forest Lake State High School - approx. 3.7km

Transport & Access:
• Easy access to Logan Motorway and Ipswich Motorway for Brisbane, Ipswich, and Gold Coast travel
• Approx. 30-35 minutes to Brisbane CBD
• Convenient access to public transport, major roads, and essential amenities

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Opportunity & Investment Potential

Pallara is one of Brisbane's fastest-growing suburbs, with strong residential demand and ongoing infrastructure development. Lot 6 offers:

• Rare opportunity to secure a large landholding in a high-demand growth corridor
• Ability to plan and design a future lifestyle property tailored to your needs
• Strong long-term capital growth potential
• Ideal for families, lifestyle buyers, or investors seeking a premium land parcel
• Flexibility to create a custom home with space, privacy, and future potential

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This is a rare opportunity to secure a premium Pallara parcel where size, location, and future flexibility combine to create an exceptional land offering.

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Contact
Stephanie Tran
0433 606 668
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Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided.
The website may have filtered the property into a price bracket for website functionality purposes.
Please do not make any assumptions about the sale price of this property based on website price filtering.

Property History for 121 Kraft Rd, Pallara, QLD 4110

A timeline of how this property has performed in the market
Last Sold
$1,550,000
05 Jul 2023
Listed for Rent
$650/w
18 Sep 2023
  • 06 Mar 2026
    Listed for Sale For Sale I $2,500,000
  • 13 Sep 2023
    Listed for Rent $650 / week
  • 05 Jul 2023
    Sold for $1,550,000
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About Pallara 4110

The size of Pallara is approximately 6.8 square kilometres. It has 4 parks covering nearly 4.7% of total area. The population of Pallara in 2016 was 511 people. By 2021 the population was 3861 showing a population growth of 655.6% in the area during that time. The predominant age group in Pallara is 30-39 years. Households in Pallara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pallara work in a professional occupation.In 2021, 72.50% of the homes in Pallara were owner-occupied compared with 73.60% in 2016.

Pallara has 3,717 properties. Over the last 5 years, Houses in Pallara have seen a 98.09% increase in median value, while Units have seen a 106.22% increase. As at 28 February 2026:

  • The median value for Houses in Pallara is $1,170,012 while the median value for Units is $873,449.
  • Houses have a median rent of $710 while Units have a median rent of $605.
There are currently 39 properties listed for sale, and 4 properties listed for rent in Pallara on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Pallara.

Suburb Insights for Pallara 4110

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.