29/51 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 127m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Parrearra in the last 12 months.
Apartment 29 is arguably the best two-bedroom residence in the architecturally designed Island Quays complex, perfectly positioned in the peaceful, leafy suburb of Parrearra.Located on the second floor, this spacious apartment enjoys elevated, never-to-be-built-out water and park views. Its desirable north-east aspect captures the morning sun and cooling sea breezes while providing shelter from the summer heat.Inside, a light-filled open-plan living and dining area connects seamlessly to a generous balcony through floor-to-ceiling glass stacker doors ideal for relaxing or entertaining with a stunning outlook. The modern kitchen features stone bench tops, a walk-in pantry, quality appliances, and ample storage.The main bedroom opens onto the balcony and includes a large built-in wardrobe and ensuite with double vanity. The second bedroom also offers built-in storage and access to a second bathroom, plus a separate powder room for guests. Additional highlights include a study nook, ducted air-conditioning, internal laundry with outdoor ventilation, and multiple storage cupboards.A private front entrance area provides extra storage for bikes or beach gear, while the secure basement offers two side-by-side car spaces and a lockable storage cage conveniently located beside them.Residents of Island Quays enjoy resort-style living with beautifully landscaped grounds, a large pool with lap lane and spa, BBQ area, tennis court, car wash bay, CCTV, and private boat mooring jetty.Just a short stroll to restaurants and cafes, and minutes from Kawana Shoppingworld, beaches, and the hospital precinct, this address combines lifestyle and investment appeal.Spacious, stylish and secure Apartment 29 offers the best position in one of the Coasts most desirable complexes.
The size of Parrearra is approximately 2.5 square kilometres. There are 14 parks, covering nearly 15.9% of the 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 2,296 properties. Over the last 5 years, Houses in Parrearra have seen a 66.61% increase in median value, while Units have seen a 87.86% increase. As at 31 May 2026:
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