321 Ritchie RoadPallara QLD 4110
Property Details for 321 Ritchie Rd, Pallara
321 Ritchie Rd, Pallara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 8954m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (November 2024)
Opportunity to acquire this expansive corner block of land in Pallara, with significant residential development and subdivision potential.
Positioned without flood risk and with frontage onto Ritchie, Gooderham and Sweets Road, it represents an ideal site for development in a rapidly growing suburb on Brisbane's outskirts. Brand new townhouses have recently been completed in direct vicinity.
- Land area of 8,954m2
- Flat, level land
- Located 17km* south-west of the Brisbane CBD
- Up to 3 storeys under the Brisbane City Plan 2014
- 2km* to the Forest Lake Shopping Centre anchored by majors Coles, Woolworths, Aldi and Target
- In close proximity to a range of primary and secondary schools, parks and local public transport
- Feasibility report for various development schemes can be requested
- This is the last lot remaining of its kind in the direct vicinity
- Major land developers and other notable property companies have been active in the precinct taking advantage of strong growth prospects
Property History for 321 Ritchie Rd, Pallara, QLD 4110
- 24 Sep 2024Sold for $4,100,000
- 25 Jun 2024Listed for Sale For Sale
- 17 Mar 2020Listed for Sale $695,000 Negotiable
Recent sales nearby
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0About 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 3,719 properties. Over the last 5 years, Houses in Pallara have seen a 92.40% increase in median value, while Units have seen a 99.35% increase. As at 31 January 2026:
- The median value for Houses in Pallara is $1,142,240 while the median value for Units is $847,164.
- Houses have a median rent of $710 while Units have a median rent of $610.
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