5 Corella Drive, Parrearra, QLD 4575 | House for sale | OnTheHouse
 
FOR SALE
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5 Corella Drive
Parrearra QLD 4575

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 311m2
Land area: 740m2
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Spacious Family Home With Pool, Privacy & Triple Garage!

Perfectly positioned in one of Kawana Waters' most tightly held enclaves, just east of the Parrearra Channel, this generous two-storey family home is the essence of Sunshine Coast living. Just a short stroll to patrolled beaches, Kawana Surf Club, Kawana Shopping world, cafés, cinemas, parks, and the coastal pathway network – here, your daily lifestyle begins right at your doorstep. Leave the car at home and embrace the walkable lifestyle this highly sought-after location is famous for.
Set on a level 740m² corner block of a quiet cul-de-sac, this solid rendered brick and tile residence offers privacy, versatility, and space for the whole family. Surrounded by tropical gardens and framed by swaying palms in the cool ocean breeze, the home welcomes you behind the front privacy gate and past the tranquil fishpond. Upon entering, you are greeted with relaxed coastal vibes and multiple living zones designed for entertaining and family connection, while also offering a great separation of space for normal day-to-day living.
At the heart of the home, the modern kitchen combines style and practicality with stainless steel appliances, an induction cooktop, dual sinks, a dishwasher, and an island bench with ample storage throughout. Flowing seamlessly to the large outdoor alfresco entertaining area, it overlooks the sparkling inground pool with outdoor shower and secluded landscaped gardens – an oasis for lazy weekends, poolside gatherings, or sunset barbecues.
The ground floor features three spacious bedrooms, all with built-in robes and ceiling fans, serviced by the main bathroom with a shower and a corner bath. Upstairs, the master retreat is a true sanctuary – complete with a walk-through robe, twin vanity ensuite, oversized shower, and an adjoining study or fifth bedroom/nursery.
Outdoor living is equally impressive with a sturdy cubby house, garden shed, poolside nook, and additional side access perfect for a small boat or camper trailer off-street. The property also features a triple lock-up remote-controlled garage, which adds even more practicality for families with extra vehicles and other lifestyle hobbies. There is also convenient internal access to the home from the garage.
Beyond your own backyard, enjoy everything this charming pocket of Parrearra has to offer – launch your paddleboard or kayak from one of two nearby parks with direct channel access, walk to golden sandy beaches, or take in the buzz of local cafés, shops, and restaurants. With the Sunshine Coast Stadium, hospital precinct, airport, and university all within easy reach – and the Brisbane Olympics on the horizon – this home offers not just lifestyle, but strong growth potential in one of the Coast's most connected and desirable locations.
What We Love:
• Large 248m² family home on a fully fenced 740m² level block
• Rare triple lock-up garage + side access for a small boat or camper
• Expansive alfresco entertaining with sparkling inground pool & outdoor shower
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Property Details for 5 Corella Dr, Parrearra

5 Corella Dr, Parrearra is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 740m2 and floor size of 311m2. The place is currently for sale with Home Sunshine Coast.

Building Type
House
Floor Size
311m2
Land Size
740m2
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About Parrearra 4575

The size of Parrearra is approximately 2.5 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Parrearra in 2016 was 4468 people. By 2021 the population was 4661 showing a population growth of 4.3% in the area during that time. The predominant age group in Parrearra is 70-79 years. Households in Parrearra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parrearra work in a professional occupation.In 2021, 68.90% of the homes in Parrearra were owner-occupied compared with 63.10% in 2016.

Parrearra has 2,297 properties. Over the last 5 years, Houses in Parrearra have seen a 90.73% increase in median value, while Units have seen a 89.76% increase. As at 30 November 2025:

  • The median value for Houses in Parrearra is $1,592,584 while the median value for Units is $951,228.
  • Houses have a median rent of $913 while Units have a median rent of $690.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Parrearra.

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Andrew Schofield
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