41/4 Grand Parade, Parrearra, QLD 4575 | Property Value & History | OnTheHouse
OFF MARKET

41/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 77m2
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Property Details for 41/4 Grand Pde, Parrearra

41/4 Grand Pde, Parrearra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2007
Land Size
77m2
Local Government
Sunshine Coast Regional
Lot/Plan
41/SP193055

Last Listing description (May 2019)

Located in the popular Caribbean Apartments complex on Kawana Island, only 4km from the new private/ public hospitals and associated health precinct, long term capital growth is assured with this investment. To cap it all off, you have excellent tenants taking care of your prized investment while it reaps more growth than cash in the bank! Alternatively, you might choose to initially utilise the property as an investment and move in to the apartment later. Whatever your situation, this opportunity is too good to miss as the owner is selling well below the original purchase price!
The third floor one bedroom apartment has a large bedroom overlooking the canals with dual access to bathroom/laundry. A light and airy L shaped kitchen with modern appliances overlooks the open plan lounge area. A spacious entertainer s balcony flows from the living area with spectacular water views and glimpses of the ocean in the distance.
Third floor waterfront 1 bed, 1 bathroom, 1 car space apartment

Modern kitchen with granite benchtop and Kleenmaid appliances
Air conditioning
ADSL Broadband/NBN and Foxtel availability
Secure 10 year old complex with intercom system and camera surveillance
Underground car park and storage cage
Currently rented at $360 pw
Reasonable Body Corporate levies
Pet friendly complex
Excellent On Site Managers
20 mt heated lap pool
Full sized floodlit tennis court
Strong rental demand in area historical vacancy rate of 0% for one bedders
Opposite Double Bay Beach/Park, canals, bike and walking tracks
Adjacent convenience store, coffee shop and restaurant
Only 9 km to Mooloolaba and 11 km to Maroochydore
200m to public transport
Easy access to Bruce Highway and Sunshine Motorway
Don t miss out call today to organise an inspection as this one won't last.

Property History for 41/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$310,000
02 Apr 2019
Listed for Rent
$360/w
07 Sep 2018
  • 02 Apr 2019
    Sold for $310,000
  • 05 Sep 2018
    Listed for Rent - Price not available
  • 28 Nov 2017
    Listed for Sale Offers above $300,000
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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 2,296 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 18 properties listed for sale, and 2 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 117 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.