SOLD
Sold on 22 Feb 2024 for $550,000

60/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 77m2
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Property Details for 60/4 Grand Pde, Parrearra

60/4 Grand Pde, Parrearra is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 77m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Parrearra in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
60m2
Land Size
77m2
Local Government
Sunshine Coast Regional
Lot/Plan
60/SP193055

Last Listing description (May 2017)

Stunning and spacious 1 Bedroom apartment with fabulous vista to the North East of the Parrearra waterway and across Double Bay Park. If purchasing with lifestyle in mind the Green Zebra Restaurant and Mykies by the Bay are in immediate proximity, a favourite for locals enjoy meals, coffee and lazy Sundays.
Internally the unit is homely and finished with a quality feel stone benches and stainless steel appliances. It s top 4th floor position ensures breeze across the waterway, air conditioning adds comfort to the light filled interior and no neighbour above for complete privacy. 'Caribbeans' 1 bedroom apartments are know for the generous size, large bedroom with convenient 2 way bathroom/ensuite.
The complex is a standout offering full resort style facilities including floodlit tennis court, 20m lap pool, underground car parking for 2 with storage, on site management and the added bonus of pet friendly. The ground are secure and landscaping is immaculately kept.

Currently leased at $350pw week by a house proud tenant the property is in excellent condition. With the close proximity to Birtinya Health Precinct this region is in the spotlight for both investors, tenants and lifestyle owners.
Due to enjoy the strengthening market Apartment 60 is a key region, key positioned opportunity. Western Australian investors will consider all offers prior to Auction.

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Property History for 60/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Feb 2024
Listed for Rent
$340/w
10 Jun 2011
  • 22 Feb 2024
    Sold for $550,000
  • 13 Mar 2021
    Sold for $360,000
  • 02 May 2017
    Sold for $305,000
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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 2,315 properties. Over the last 5 years, Houses in Parrearra have seen a 92.10% increase in median value, while Units have seen a 74.18% increase. As at 30 September 2024:

  • The median value for Houses in Parrearra is $1,456,212 while the median value for Units is $843,253.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Parrearra.

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