Parrearra Suburb Profile, QLD, 4575 (Pricing & Investment Data)

Parrearra Suburb Profile
Queensland 4575

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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.

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.

Suburb Insights for PARREARRA 4575

Market Insights
Parrearra Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Parrearra Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 4661

0-9

 

8%

10-19

 

11%

20-29

 

7%

30-39

 

9%

40-49

 

11%

50-59

 

15%

60-69

 

16%

70-79

 

16%

80-89

 

7%

90-99

 

1%

Household Structure
Occupancy

Recent Sales in PARREARRA 4575

Properties for sale in PARREARRA 4575

Properties for rent in PARREARRA 4575

Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Last Updated: 05/12/2025

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.

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