34 Marawa DriveParrearra QLD 4575
Property Details for 34 Marawa Dr, Parrearra
34 Marawa Dr, Parrearra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 542m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (December 2015)
ATTENTION please: investors, dual living buyers, downsizers; here is an amazing opportunity to purchase a duplex on a 542m2 corner block in a prestige street with waterfront homes. Live in one and rent out the other; live in one and house the extended family in the other; or rent out both...the choice is yours.
Each one is complete with two bedrooms, one bathroom, open plan living, modern kitchen, single lock up garage and grassy fenced courtyard. Designed for easy care, low maintenance living they are suited to a couple or single, and there is some yard area for small children to play.
Currently generating an income of $620 per week - $300 for one, $320 for the other; the returns are solid and the location ensures high occupancy rates. With no body corporate fees to eat into the yield, it is a very attractive investment proposition in a premium street.
Marawa Drive is home to some commanding waterfront properties and is a highly-sought after and much admired address; whilst this duplex isn't on the water, it benefits from its proximity to the water, both in appeal and future capital growth.
Long term owners are investing in a new venture and must sell at Auction to proceed; the location and timing is just perfect for a sale and interest in this is expected to be high the race is on to secure...put your best offer forward now!
Property History for 34 Marawa Dr, Parrearra, QLD 4575
- 31 Oct 2015Sold for $510,000
- 16 Oct 2015Listed for Sale $510,000
- 08 Jan 2010Listed for Sale AUCTION
Recent sales nearby
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0About Parrearra 4575
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 2,303 properties. Over the last 5 years, Houses in Parrearra have seen a 48.39% increase in median value, while Units have seen a 72.89% increase. As at 31 August 2026:
- The median value for Houses in Parrearra is $1,633,403 while the median value for Units is $1,032,235.
- Houses have a median rent of $1,100 while Units have a median rent of $740.
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