As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Pallara.
Pallara, a growing area south of Brisbane, could soon have more amenity if a development application for a centre including a supermarket, retail space, a childcare centre and drive-through fast food outlet is approved.
The development, to be located on vacant land at 223 Ritchie Road, would consist of four low-rise retail buildings, with the project to have 192 car parks.
If it goes ahead the centre will be a first for Pallara, and will service the growing surrounding residential area.
Market Snapshot – Pallara
|Median house price
|House average annual price growth
|Houses sold over past 12 months
|Median Unit price
|Unit average annual price growth
|Units sold over the past 12 months
|Median age of residents
|% of renters
Source: CoreLogic, ABS 2021 Census
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