Lot 121 Grehan Rd, Palmtree, QLD 4352 | Property Value & History | OnTheHouse
OFF MARKET

Grehan Road
Palmtree QLD 4352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4370600m2
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Property Details for Lot 121 Grehan Rd, Palmtree

Building Type
Rural
Land Size
4370600m2
Local Government
Toowoomba Regional
Lot/Plan
121/CA31991

Last Listing description (May 2024)

Substantial Lifestyle, Grazing Land or The outdoors adventurers Wonderland Ray White Rural Gatton Laidley is proud to present "Forestlee" to the market.

This substantial lifestyle and grazing property located off Seventeen Mile Road, Palm Tree.

The property is offered for sale by way of Expression Of Interest expires Friday 24th November 2023 at 5pm. But is for sale now and can be sold at anytime.

Spanning over 437.06Ha*. Ideally positioned west of Brisbane & less than 30 mins from Toowoomba, the property comprises of grazing lands with elevated, forest covered ridges and creek flats.
Operational infrastructure is in place with weekend accommodation, A three bay open face shed and cattle yards.

The property is divided into multipuly paddocks fully fenced and watered paddocks. One of very few large single freeholds in the area, the property benefits from stock water provided via multiple water points, seasonal creeks and water storage dams throughout the property.

Access is via well-constructed access gravel roadways with quality internal tracks.

Features:
*Substantially sized 437.06Ha* freehold farming and lifestyle land
*Located in established beef cattle breeding area
*Seasonal creeks & dams
*Existing operational infrastructure - weekend accommodation, large shed, cattle yards lane way fencing.
*Multiple water points and water storage options
*Quality formed gravel internal roadways & access
*Potential for further development - subject to approvals
*Location - proximity to Toowoomba and Brisbane
*This property is being sold bare of livestock

*approximately

******Expressions of interest expires Friday 24th November 2023 at 5pm But is for sale now and can be sold at anytime.******

Disclaimer: Ray White Rural Gatton Laidley has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained in this advertisement.

Property History for Lot 121 Grehan Rd, Palmtree, QLD 4352

A timeline of how this property has performed in the market
Last Sold
$420,000
22 Nov 2007
  • 28 Oct 2023
    Listed for Sale Offers over $900,000
  • 22 Nov 2007
    Sold for $420,000
  • 21 Sep 2005
    Sold for $340,000
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About Palmtree 4352

The size of Palmtree is approximately 41.1 square kilometres. It has 3 parks covering nearly 6.0% of total area. The population of Palmtree in 2016 was 73 people. By 2021 the population was 80 showing a population growth of 9.6% in the area during that time. The predominant age group in Palmtree is 60-69 years. Households in Palmtree are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Palmtree work in a managers occupation.In 2021, 83.40% of the homes in Palmtree were owner-occupied compared with 79.30% in 2016.

Palmtree has 57 properties. Over the last 5 years, Houses in Palmtree have seen a 88.70% increase in median value, while Units have seen a -24.54% decrease. As at 30 November 2025:

  • The median value for Houses in Palmtree is $1,056,159 while the median value for Units is $283,868.
There are currently no properties listed for sale, and 2 properties listed for rent in Palmtree on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Palmtree.

Suburb Insights for Palmtree 4352

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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.