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.
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.
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 72.24% increase in median value, while Units have seen a 88.49% increase. As at 30 April 2026:
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