41/51 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Apartment sold in Parrearra in the last 12 months.
Embrace the very best of resort-style living in Island Quays, a quiet complex with just 48 apartments, predominantly owner-occupied , this complex is celebrated for its privacy, immaculate presentation, and unbeatable lifestyle convenience. Positioned on level three, this luxurious two-bedroom apartment delivers an effortless coastal way of life with open-plan interiors that capture cooling summer breezes and frame picturesque views of surrounding parklands and tranquil waterways.
From morning coffees on the balcony to sunset strolls along the waterfront paths, this is a lifestyle shaped by nature, comfort, and connection.
You'll Love:
Master suite bathed in light with water views & balcony access
Modern stone-topped kitchen flowing to open-plan living
Generous entertainer's balcony with peaceful outlook
Second bedroom perfect for guests or a quiet retreat
Study nook, separate laundry & thoughtful storage throughout
Ducted air-conditioning and quality finishes
Secure parking + lockable storage
Resort Luxury at Your Doorstep:
Two sparkling pools, heated spa, tennis court, tropical gardens & private pontoon.
Moments From Everything:
Beaches, shopping, dining, hospital precinct, bike paths, parklands and playgrounds.
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 80.71% increase in median value, while Units have seen a 90.53% increase. As at 31 January 2026:
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