37/4 Grand Parade, Parrearra, QLD 4575 | Property Value & History | OnTheHouse
OFF MARKET

37/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 125m2
Land area: 164m2
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Property Details for 37/4 Grand Pde, Parrearra

37/4 Grand Pde, Parrearra is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 164m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2007
Floor Size
125m2
Land Size
164m2
Local Government
Sunshine Coast Regional
Lot/Plan
37/SP193055

Last Listing description (November 2016)

Situated within the beautifully maintained Caribbean Apartments complex only 5 minutes drive (4.2 kms) from the new hospitals and all associated health/business facilities, this apartment is an ideal property for the astute investor or owner occupier that may wish to move into the apartment at a later stage.
This modern contemporary apartment consists of 3 spacious bedrooms, 1 main bathroom and 2 ensuites, 2 side by side secure car spaces and a meshed wire cage 1.1m wide x 2.2m long.
The kitchen is open plan, fitted with stainless steel appliances and stone bench tops facing a massive lounge/dining room area. The apartment also comes with two large balconies - one view is from the bedroom balcony over the pool and the other from the main balcony which looks into the complex gardens.

Located on the 3rd floor, this apartment is safe and secure with security intercom, underground car parks, air conditioning, ceiling fans and is Foxtel / ADSL broadband ready.
Apart from being close to the the new Sunshine Coast Hospitals, the complex is minutes from beaches, shops, schools, public transport and within easy access to the Bruce Highway/Sunshine Coast Motorway.
The complex is also adjacent to a convenience store, BV Pizzeria/Wine Bar and Cafe, Green Zebra Restaurant, Double Bay Beach and park with all its associated BBQ amenities. All these facilities are directly across the road from the complex and add to the attractiveness of the apartments for rental purposes.
Apart from the heated lap pool, full size floodlit tennis court and lush manicured tropical gardens, the complex is unique in that it is one of few that is classified as 'Pet Friendly'. This aspect broadens the net when it comes to tenants as many tenants have a small pet as a companion.
This apartment is currently leased at $460 per week with excellent long term tenants and would be an investors delight. Body corp fees on this apartment are approx $6300 per year.
The owner is keen to move on with other business interests so don't miss this wonderful opportunity to purchase a spacious and affordable property in the booming Sunshine Coast market for long term capital growth.

Property History for 37/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$675,000
10 Sep 2021
Listed for Rent
$460/w
08 Dec 2015
  • 19 Dec 2022
    Sold for $680,000
  • 10 Sep 2021
    Sold for $675,000
  • 26 Nov 2015
    Listed for Rent - Price not available
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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 2,300 properties. Over the last 5 years, Houses in Parrearra have seen a 87.36% increase in median value, while Units have seen a 88.56% increase. As at 31 December 2025:

  • The median value for Houses in Parrearra is $1,606,642 while the median value for Units is $955,446.
  • Houses have a median rent of $925 while Units have a median rent of $690.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Parrearra.

Suburb Insights for Parrearra 4575

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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.