79 Dyer St, Pallarenda is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 708m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Located just minutes from the ocean a rare opportunity presents itself for the astute investor in the beachside suburb of Pallarenda. On offer here is a solid low set 2 x2 bedroom masonry block duplex on a 708 sqm allotment achieving solid returns and home to long term tenants. Hallmarks of an ideal addition to any portfolio. Just minutes from the city and known for its holiday vibe this location has plenty to offer those looking for a relaxed lifestyle with the option of enjoying city life should they choose therefore making it popular with tenants. This property is currently achieving a rental return of $520 per week.
Each Unit Offers:
Large spacious kitchens
Location:
Short walk to the beach
Minutes from the CBD, The Strand, restaurants & other recreational options
A short drive to family friendly Soroptimist Park, walkways and a choice of quality schools
*If you would like to view this property please contact the agent to arrange a private inspection.
The size of Pallarenda is approximately 2.6 square kilometres. There are 3 parks, covering nearly 11.6% of the total area. The population of Pallarenda in 2016 was 791 people. By 2021 the population was 778 showing a population decline of 1.6% in the area during that time. The predominant age group in Pallarenda is 50-59 years. Households in Pallarenda are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pallarenda work in a professional occupation.In 2021, 77.40% of the homes in Pallarenda were owner-occupied compared with 72.00% in 2016.
Pallarenda has 390 properties. Over the last 5 years, Houses in Pallarenda have seen a 70.66% increase in median value, while Units have seen a 66.55% increase. As at 31 August 2026:
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