40 Tarawa Street, Parrearra, QLD 4575 | Property Value & History | OnTheHouse
OFF MARKET

40 Tarawa Street
Parrearra QLD 4575

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 244m2
Land area: 760m2
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Property Details for 40 Tarawa St, Parrearra

40 Tarawa St, Parrearra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 760m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
2006
Floor Size
244m2
Land Size
760m2
Local Government
Sunshine Coast Regional
Lot/Plan
846/SP168892

Last Listing description (May 2025)

Amber Werchon Property presents to the market, 40 Tawara Street, Parrearra: this expansive family home on a generous sized fully fenced 760m2 corner block offers all the benefits of Island living with quick easy access on foot to parks, playgrounds, waterways, dining, Double Bay, and kilometres of pedestrian pathways providing connectivity all the way through to Mooloolaba.

Across a single level, approximately 314m2 in total, the home comprises elegant formal entry, four bedrooms, two bathrooms, three separate living areas, central kitchen, north facing covered alfresco patio, separate laundry with external access, and double lock up garage, plus extra parking space on driveway for additional vehicles.

Ducted air-conditioning, ceiling fans, easy-care tiled flooring in majority of living spaces, granite benches in kitchen, stainless steel appliances, stainless steel splashback, gas cooktop, roller blinds, dual vanities and spa bath in ensuite, separate shower and bath in family bathroom, and external access from main bedroom to garden, are some of the home's features that enhance value, comfort, and appeal.

The garden is 100% child and pet-friendly and there's plenty of room for a pool, if desired and it's private with established hedges and grassy lawns. It's a great yard for children and a bigger block than many on the Island; also, only footsteps to a riverfront park (100m) and 650m to the dog park, there'll be no excuse for the kids (and pets) not to get outdoors and soak up some Vitamin D and fresh Island air.

Currently tenanted at $850 per week until 27th October 2024 if you purchase today, you will have an income stream to pocket or pay down mortgage from settlement day onwards, and you can be move in just before the start of summer 2024 and the festive seasonnow isn't that something to look forward to!

Not only is everything on the Island well connected via foot and bicycle there's also a pedestrian bridge only 400m away crossing the Mooloolah River into Minyama where you can walk to the cinemas, shopping, centre, tavern and more. Major amenities such as schools, hospitals, sporting/leisure facilities, motorway, and university are within a 5-10 minute driving proximity.

Investor owner is a committed seller, and this represents exceptional value on sought-after Kawana Island where the living is easy, the lifestyle amazing, and the location ultra-convenient! Invest in your slice of Island life today and you'll never look back.

Gump Sunshine Coast Pty Ltd working in conjunction with Amber Werchon Property.

Property History for 40 Tarawa St, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,400,000
08 Aug 2024
Listed for Rent
$650/w
03 Sep 2018
  • 08 Aug 2024
    Sold for $1,400,000
  • 03 Jul 2024
    Listed for Sale $1,400,000
  • 27 Aug 2018
    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 2,297 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 17 properties listed for sale, and 1 property listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 120 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.