OFF MARKET

3/51 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 129m2
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Property Details for 3/51 Grand Pde, Parrearra

3/51 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 129m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2007
Floor Size
103m2
Land Size
129m2
Local Government
Sunshine Coast Regional
Lot/Plan
3/SP187644

Last Listing description (October 2017)

Located on the ground floor with water views in the stylish Island Quays complex, is this contemporary two bedroom, two bathroom apartment in one of the prime investment hotspots in Queensland...just minutes from the new billion dollar University Hospital precinct.
Island Quays is situated within easy walking distance to Double Bay restaurants, convenience store as well as the walk bridge which will take you to all the amenities that you need. The complex boasts resort style pool and lap pool, tennis courts and multiple entertaining areas all set amongst tropical gardens.
Currently rented for $450/week

What we love:
- Open plan kitchen and living area leading out to a spacious outdoor entertaining deck
- Private courtyard and grassed area with direct access to the parkland
- Modern kitchen with stone benchtop
- Underground secured double car park with lockable storage
- Well maintained landscaped gardens and BBQ area
- Lap and recreational pool, spa and tennis court with lights
- Island Quays has its own pontoon
- Easy access to Bruce Highway and Sunshine Motorway

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Property History for 3/51 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$427,500
27 Jul 2017
  • 27 Jul 2017
    Sold for $427,500
  • 26 Apr 2017
    Listed for Sale Offers From Mid $400,000's
  • 30 Nov 2007
    Sold for $465,000

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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 2011 was 4,357 people. By 2016 the population was 4,457 showing a population growth of 2.3% in the area during that time. The predominant age group in Parrearra is 60-69 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 2011, 61.3% of the homes in Parrearra were owner-occupied compared with 63.1% in 2016.

Parrearra has 2,325 properties. Over the last 5 years, Houses in Parrearra have seen a 92.29% increase in median value, while Units have seen a 77.77% increase. As at 31 January 2025:

  • The median value for Houses in Parrearra is $1,461,796 while the median value for Units is $866,420.
  • Houses have a median rent of $860 while Units have a median rent of $675.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Parrearra.

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