42/51 Grand Parade, Parrearra, QLD 4575 sold on 05 August 2025 | OnTheHouse
SOLD
Sold on 05 Aug 2025 for $1,280,000

42/51 Grand Parade
Parrearra QLD 4575

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 42/51 Grand Pde, Parrearra

42/51 Grand Pde, Parrearra is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom Apartment sold in Parrearra in the last 12 months.

Building Type
Apartment

Last Listing description (August 2025)

Embrace the ultimate in resort-style living with this stunning apartment in Island Quays! Perfectly tucked away in a peaceful corner position on level three, this luxurious three-bedroom design delights with parkland and water views and beautifully bright, airy interiors.

- Sunlit master suite with ensuite, walk-in robe, water views, and balcony access
- Designer kitchen featuring stone benchtops and a spacious pantry

- Private balcony extends from the second and third bedrooms for extra relaxation space
- Stylish main bathroom with a bathtub
- Handy study nook, separate laundry, and high-end finishes throughout
- Incredible rooftop terrace boasting vistas of Mooloolaba and the Glasshouse Mountains
- Comfort assured with ducted air-conditioning, ceiling fans, and generous storage
- Secure parking plus lockable storage cage for all your extras, complex lift
- Dive into the lifestyle with a lap pool, resort pool, heated spa, tennis court, complex pontoon, and lush tropical gardens
- Just minutes to pristine beaches, shopping hubs, restaurants and the hospital
- Easy access to scenic walking and bike paths, parks, and playgrounds for endless outdoor fun

Property History for 42/51 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,280,000
05 Aug 2025
  • 19 Feb 2015
    Listed for Rent $540 WEEKLY
  • 04 Dec 2014
    Listed for Sale $599,000
  • 07 Oct 2009
    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 2,296 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:

  • The median value for Houses in Parrearra is $1,585,678 while the median value for Units is $971,412.
  • Houses have a median rent of $938 while Units have a median rent of $690.
There are currently 15 properties listed for sale, and 7 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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Vicki Stewart
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MCGRATH MOOLOOLABA
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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.