5/239 Kawana Way, Parrearra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 217m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
This spacious, freestanding villa presents a rare opportunity to secure a lifestyle of comfort, peace and privacy. Nestled in the waterside 'Island Point' complex for over 50's, it's a minutes drive from cafes, shops and a range of everyday conveniences.
High ceilings are a delightful bonus as you enter through the large living area which opens onto the spacious kitchen; the tones are neutral with contemporary interiors throughout the villa. There are two overly large bedrooms plus a smaller bedroom with the convenience of two large bathrooms.
The middle courtyard has been converted into a wonderfully cool atrium - a lovely setting for all year round.
The size of Parrearra is approximately 2.5 square kilometres. There are 14 parks, covering nearly 15.9% of the 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 2,294 properties. Over the last 5 years, Houses in Parrearra have seen a 66.61% increase in median value, while Units have seen a 87.86% increase. As at 31 May 2026:
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