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.
$1,375,000
Last sold
31 May 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
576 m²
Land
270 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
$1,375,000
31 May 2022 · 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
-14.1%
Median sale
Suburb $1,600,000
+0.42 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 @realtyWe have pleasure in presenting this amazing home to the market. Kawana Island is a sought after location on the glorious Sunshine Coast, with unprecedented demand and limited availability currently.
You have the rare opportunity to own this magnificent modern single level residence in a quiet cul de sac close to the water. It is immaculately presented and maintained to a high standard by the current owners and tenants. The long term professional tenants take real pride in their home and pay $1,000 per week for the privilege of living here.
The home consists of multiple living areas with beautiful 900mm floor tiles and quality flooring throughout, and has a perfect balance of open plan design and private spaces. The owners have spared no expense to create a home that is high quality and low maintenance. The designer kitchen is perfect for entertaining with wide stone benches, quality appliances (recently updated), a handy pantry and plenty of storage for your small appliances and cookware.
The Master bedroom is luxurious and spacious and boasts a large ensuite with a shower with double shower heads, a sumptious bath and a walk in robe to dream of. There are another 4 bedrooms, with one currently being used as a storage option by the tenants. The powder room adjacent to the main bathroom is a stylish addition.
Walk out the back door to a large private covered entertaining area and resort style pool with water feature. A unique benefit is that there is also a secure entry to the property from Tarawa Street, which makes it convenient to access the back yard.
At a glance:
* 5 bedrooms including large Master Suite with massive ensuite, large bath and WIR,
* Spacious designer kitchen with wide stone benches, easily accessed pantry and plenty of storage,
* Multiple living areas filled with natural light and high ceilings throughout,
* Bathrooms with double shower heads,
* Reverse cycle ducted Air Conditioning and 6kw of Solar Power,
* LED lighting throughout,
* Impressive resort style pool and private outdoor entertaining area,
* Expansive two car garage with automatic door and quality epoxy floors,
* Large park with playground for the kids a short walk away.
The home has so much to offer as does the location. There are kilometres of safe walking/bike tracks that can take you to Mooloolaba or the local beaches and schools. The Green Zebra Restaurant is highly rated and offers superb dining at the ever popular Double Bay beach adjacent to a large park for the kids.
Contact Stephen for a private inspection today.
Listing description written by Stephen Sahlqvist, @realty — reproduced as published, not verified by Districts.