8 Morrell StreetPallarenda QLD 4810
Property Details for 8 Morrell St, Pallarenda
8 Morrell St, Pallarenda is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 708m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Davison @realty is proud to present this outstanding Duplex. Located in one of Townsvilles most popular beach suburbs Pallarenda. Situated on a 708 sqm allotment with a separate fenced yard at rear. Both units are of double brick construction and include 2 bedrooms, large open plan living areas & large kitchens.
Pallarenda beach offers a local boat launch facility, swimming enclosure, national park walking tracks & picnic areas.
Neighboring Rowes Bay is only a few minutes away and offers Rowes Bay Golf Club & caravan park along with playgrounds, BBQ & picnic areas.
A sound investment for an astute buyer with a combined gross yearly income of $31,2000 with both units currently tenanted.
Each Unit Features
- 2 x two-bedroom units
- Built-in wardrobes
- Airconditioned
- Security screens
- Ample storage
- Garden shed
- 2 car accommodations
- Separate backyard (fenced)
- 708 sqm allotment
- 1 Title, No Body Corp fees
- Gross rental return of $31,200
For an inspection, please contact Grant from Davison @realty on 0413 984 703
Property History for 8 Morrell St, Pallarenda, QLD 4810
- 14 Sep 2021Sold for $485,000
- 19 Aug 2021Listed for Sale $519,000
- 09 Feb 2013Listed for Rent - Price not available
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About Pallarenda 4810
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 75.77% increase in median value, while Units have seen a 66.26% increase. As at 31 July 2026:
- The median value for Houses in Pallarenda is $939,301 while the median value for Units is $388,582.
- Houses have a median rent of $515.
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