Parrearra at a glance
4,356
People
$1,600,000
Median sale
$787/wk
Median rent
2.56%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
QLD › Parrearra › Sunbird Chase
$850,000
Last sold
30 Aug 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
644 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$850,000
30 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Parrearra (last 5 years) with land size have a median of $2,546/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Parrearra at a glance
4,356
People
$1,600,000
Median sale
$787/wk
Median rent
2.56%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Parrearra
-46.9%
Median sale
Suburb $1,600,000
+2.25 pp
Gross yield
Suburb 2.56%
Suburb median $1,600,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Sunshine Coast Planning Scheme 2014
Zone
Low Density Residential Zone
Low Density Residential Zone
Jurisdiction
Sunshine Coast Council
Sunshine Coast, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
The official layer maps a flood zone on this parcel, intersecting about 5.1% of it (Sunshine Coast Council, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low Density Residential Zone (Sunshine Coast Planning Scheme 2014). Official parcel area about 646 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
5.1% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 646 m² — land size can look like optionality. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $787/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 646 m² — land size can look like optionality. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential Zone (Sunshine Coast Planning Scheme 2014). Official parcel area about 646 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 646 m² — land size can look like optionality. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Lot-level flood
Knownmedium5.1% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Parrearra at a glance
4,356
People
$1,600,000
Median sale
$787/wk
Median rent
2.56%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Code Property Group MinyamaBrimming with retro-charm, circa late 1980's, is this solidly built brick and tile home on a prime 644m2 corner block in a prestigious street with stunning waterfront homes; offering not only the promise of an amazing coastal lifestyle within walking distance to shopping, dining, marina, and beaches – but clear potential to renovate to value-add in a desirable locale.
Across a single level the home comprises three bedrooms, one bathroom, separate toilet, pleasant light-filled kitchen, two separate living rooms plus meals area, two covered alfresco patio for BBQs and relaxation, separate laundry, and single lock up garage, plus onsite parking.
In mostly original condition it is very comfortable and liveable 'as is' and can be updated over time – no rush; any works done will enhance appeal and there is no fear of over-capitalising in this sought-after neighbourhood.
Existing features include easy-care tiled flooring in living areas, split system air-conditioning in formal lounge, ceiling fans, separate shower and bath in bathroom, security screens, and the rear covered patio is private and north facing.
With dual street frontage there is abundant natural light as well as dual access possibilities; the gardens are lush and green with hedging around the perimeter, established vegetation, and an expansive lawn area with room for a pool – fully fenced it is also child and pet-friendly.
The opportunities are endless, if purchasing as an owner-occupier you can move in and call it 'home'. Investors will find this is very rent-ready in existing condition, and with strong demand for rental properties, high occupancy and attractive returns are a given.
From here you really can walk and cycle virtually everywhere – including Kawana Shoppingworld, Buddina State School, direct beach access via Pike Park (600-metres), the off-leash dog beach is a 15 minute walk, and it's 18 minutes' walk to Kawana Surf Club for patrolled swimming. Major amenities including hospitals, university, sporting/leisure facilities, private schools, and the airport are within a 5-15 minute radius; and it's 10 minutes to Mooloolaba.
Investor owner of 10 years is ready to sell, if you're ready to buy, and any (or all) of the above resonates, you will need to act quickly, this is the location and style of property savvy buyers are snap up for obvious reasons.
• Classic brick & tile, circa 1989, in waterfront street
• 644m2 corner block – dual street frontage & access
• 3 bedrooms, 1 bathroom – separate bath & shower
• 2 living areas + 2 covered alfresco entertaining patios
• Light-filled functional kitchen with adjacent meals area
• SLUG, pristine gardens, expansive lawn, room for a pool
• Mostly original but good condition, potential to value-add
• Walk to river, parks, beach, shopping centre, bus, school
• 5-15 mins to hospitals, university, premium schools, airport
• Exceptional buying in prime lifestyle pocket – act today!
Listing description written by Ben Wilson, Code Property Group Minyama — reproduced as published, not verified by Districts.