5/51 Grand Parade, Parrearra, QLD 4575 sold on 04 March 2025 | OnTheHouse
SOLD
Sold on 04 Mar 2025 for $870,000

5/51 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 5/51 Grand Pde, Parrearra

5/51 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 March 2025. There are other 2 bedroom Apartment sold in Parrearra in the last 12 months.

Building Type
Apartment

Last Listing description (March 2025)

Experience the pinnacle of resort-style living in the exclusive Island Quays complex, where peace, privacy, and convenience meet. With most apartments owner-occupied, this quiet sanctuary is just minutes from pristine beaches, vibrant shopping, and the Sunshine Coast hospital precinct. Ideally situated on the ground floor, this luxury apartment features a spacious open-plan design that captures refreshing breezes and showcases picturesque views of lush greenery and tranquil water. A standout feature is the impressive, fully fenced grassed courtyard, offering direct access to the parkland and waterway-creating a perfect sanctuary for pets, play, and ultimate relaxation.

- Contemporary two-bedroom apartment in the tightly-held Island Quays complex with park and tranquil water views
- Impressive fully fenced, grassed courtyard

- Seamless open-plan living and dining area flowing effortlessly through double sliders to the large north-facing deck - perfect for entertaining
- Gourmet kitchen with sleek stone benchtops, a generous walk-in pantry, and premium appliances for the home chef
- Luxurious master suite featuring a well-appointed ensuite, built in robes, access to the deck
- Spacious second bedroom with built ins serviced by a stylish main bathroom
- Powder room plus separate laundry
- Versatile study nook- ideal for working from home or study
- Year-round comfort with ducted air conditioning, ceiling fans, new carpets, and neutral colour palette
- Secure side-by-side car parking with lockable cage for extra storage
- Resort-style amenities including two pools and spa, championship tennis court with lights and direct water access
- Moments to beaches, hospital precinct, restaurants, dining and shopping

Property History for 5/51 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$870,000
04 Mar 2025
Listed for Rent
$440/w
11 Mar 2017
  • 26 Feb 2025
    Sold for $870,000
  • 20 Feb 2025
    Listed for Sale Over $850,000
  • 23 Mar 2020
    Sold for $485,000
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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 2,297 properties. Over the last 5 years, Houses in Parrearra have seen a 90.73% increase in median value, while Units have seen a 89.76% increase. As at 30 November 2025:

  • The median value for Houses in Parrearra is $1,592,584 while the median value for Units is $951,228.
  • Houses have a median rent of $913 while Units have a median rent of $690.
There are currently 18 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.

Suburb Insights for Parrearra 4575

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Vicki Stewart
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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.