47/51 Grand Parade, Parrearra, QLD 4575 sold on 21 October 2025 | OnTheHouse
 
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Sold on 21 Oct 2025 for $1,050,000

47/51 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 47/51 Grand Pde, Parrearra

47/51 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Parrearra in the last 12 months.

Building Type
Apartment

Last Listing description (October 2025)

Set within the tightly held Island Quays complex, this third-level, waterfront apartment delivers the very best of resort-style living. With most residences owner-occupied, the community offers peace, privacy and lifestyle excellence, just minutes from pristine beaches, boutique shopping and the hospital precinct. Designed with open-plan flow and effortless indoor - outdoor integration, the apartment captures cooling breezes and frames tranquil views across the waterways.

- Light-filled master with ensuite, water views and direct balcony access
- Gourmet kitchen with stone benchtops and premium appliances

- Living and dining zones opening to a spacious balcony
- Exclusive rooftop terrace with sweeping views
- Large second bedroom with built-in robes
- Main bathroom with walk-in shower plus additional powder room
- Study nook, separate laundry, quality finishes throughout
- Ducted air-conditioning, ceiling fans and excellent storage options
- Secure side by side parking with lockable storage cage
- First-class amenities: lift, lap pool, resort pool, heated spa, tennis court, complex pontoon and tropical landscaped gardens
- Minutes to beaches, dining, retail and hospital precinct
- Easy access to bike and walking paths, surrounding parklands and playgrounds

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Property History for 47/51 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,050,000
21 Oct 2025
Listed for Rent
$470/w
08 Dec 2016
  • 14 Oct 2025
    Sold for $1,050,000
  • 14 Jan 2019
    Sold for $500,000
  • 18 Oct 2016
    Listed for Rent $470 / week
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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 90.50% increase in median value, while Units have seen a 84.71% increase. As at 31 October 2025:

  • The median value for Houses in Parrearra is $1,552,808 while the median value for Units is $936,997.
  • Houses have a median rent of $900 while Units have a median rent of $670.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Parrearra.

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Vicki Stewart
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