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 › Corella Dr
$2,950,000
Last sold
6 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
820 m²
Land
303 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$2,950,000
6 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Parrearra (last 5 years) with land size have a median of $2,387/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
+84.4%
Median sale
Suburb $1,600,000
-1.17 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 data is being calculated
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.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried 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 Elite Lifestyle PropertiesWelcome to 16 Corella Drive, Parrearra – a stunning waterfront sanctuary where luxury meets laid-back coastal living. Perfectly positioned on an expansive 820m² north-facing block, this beautifully renovated home captures sweeping views across Parrearra water ways, with additional water vistas stretching to the west and south. Every inch of this property has been thoughtfully crafted to deliver an exceptional lifestyle, whether you're looking to downsize in style, invest in a premium location, or simply embrace the very best of waterfront living.
From the moment you arrive, the home sets the tone for refined privacy and elegance. A fully fenced perimeter, complete with electronic and pedestrian gates and timed lighting, opens to a tranquil front courtyard, welcoming you into a residence where modern comfort meets timeless style.
Inside, the home has been meticulously renovated and extended, with external upgrades completed in 2017 and internal works in 2019. The result is a seamless blend of contemporary finishes and smart functionality. The entire home is climate-controlled by a 14kW Daikin ducted air-conditioning system with five-zone control, complemented by a powerful 13.2kW solar setup, including a 6.6kW inverter and 10kW battery—making it as energy-efficient
With low-maintenance landscaping, premium finishes, and an unmatched position, this property is the definition of elevated waterfront living. Move in and enjoy a home that doesn’t just meet expectations—it exceeds them.
Modern Comforts & Smart Living
Fully renovated and extended (external works in 2017, internal in 2019)
14kW Daikin ducted air-conditioning system with 5-zone control
13.2kW solar system with 6.6kW inverter and 10kW battery
Crimsafe security screens on all doors and windows
Plantation shutters and quality curtains throughout
Entertainer's Dream
Oversized alfresco with outdoor kitchen: 4-burner stove, wok burner, sink, outdoor TV
Three remote-controlled outdoor sunscreens
Sparkling saltwater pool with new chlorinator/pump, auto-cleaner & LED lighting
12m x 3m pontoon with mooring for up to a 35ft vessel – fully compliance plated
Cold room with commercial-grade keg taps for entertaining
Versatile Living Spaces
Sunken lounge with sliding doors to alfresco area
Dedicated media room with bifold doors to courtyard, pull-down queen bed & built-in cabinetry
Separate pool room/lounge with direct deck access
Integrated media system with 90" TV, Onkyo amp, surround sound and subwoofer
Multiple decking areas offering sun and shade all day
Designer Kitchen
Coastal-style kitchen with 4m Caesarstone island bench
Miele appliances including 90cm oven, induction cooktop, microwave & dishwasher
Zip filtered instant hot/cold water tap
Walk-in pantry, breakfast bar, and appliance station
Space and plumbing for a large double-door fridge
Generous Bedrooms & Bathrooms
Main suite with water views, direct deck access and luxe ensuite with dual vanities
All bedrooms include built-in robes, shutters, and plush carpets
Two-way main bathroom with separate toilet and basin
Full-size laundry with cabinetry and Robinhood ironing centre
Ample Storage & Practical Extras
Oversized 7.5m x 7.5m double garage with rear roller door to carport
Built-in shelving, skylight, emergency key safe
Utility room for solar system & clean storage
Additional storage room/cellar with shelving
And when it comes to location, 16 Corella Drive is simply unbeatable. Just moments from Kawana Shopping world, you’ll enjoy effortless access to cinemas, dining, and major retailers—everything you need just around the corner. The golden sands of Kawana Beach are only a short stroll away, making sunrise swims and sunset walks part of your daily routine. Families will love being within walking distance to Kawana State School and Kawana Waters State College, ensuring top-tier education is just steps from your front door. This is more than just a home—it’s a lifestyle few properties can offer.
Contact us today to arrange your private inspection and experience the lifestyle that 16 Corella Drive has to offer.
Listing description written by Jordan Lund, Elite Lifestyle Properties — reproduced as published, not verified by Districts.