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QLD › Parrearra › Corella Dr

18 Corella Dr, Parrearra QLD 4575

House

$2,280,000

Last sold

9 July 2023

4

Bedrooms

2

Bathrooms

4

Car spaces

1,104 m²

Land

270 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,280,000 (9 July 2023).(Recorded sale)
  • CalculationLand 1,104 m² against a 270 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Parrearra (last 5 years) with land size: median $2,546/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,280,000

9 July 2023 · 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.

See the full Parrearra report →

Vs Parrearra

+42.5%

Median sale

Suburb $1,600,000

-0.77 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$2,280,0009 July 2023
  2. Listedprice unknowncompleted17 May 2023
  3. Listedprice unknowncompleted17 May 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Parrearra in one glance

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.

See the full Parrearra report →

Keep researching

  • Why Parrearra? Read the area thesis →
  • What else is on the market in Parrearra →
  • Other records on Corella Dr →

Listing material

Listed by Rowling and Co Property

Contemporary Resort Style Living

This property is the 'pinnacle of paradise' on the Mooloolah Canal. It is a home where you can relax, recharge and rejuvenate in style by the pool, with 180-degree canal views. Simply sit back and relish the lifestyle this property offers.

Tucked in a private court location with an evergreen, tree lined entrance and wide honed concrete driveway, offering ample off-street parking. You need to step foot inside to witness the effortless luxury. As you enter this easy living single level home you are greeted by the elegant formal entry, featuring grand double doors and easy care hybrid flooring. With contemporary taste this stately home will definitely impress.

Perfectly positioned in the heart of the Hampton's inspired living and dining zone, the kitchen is sophisticated and spacious featuring stone benches, rich charcoal gray cabinetry, an entertainer's island bench with breakfast bar seating for six, brushed brass tap ware, induction cooktop and 900 oven complete the picture not to mention views of the pool.

Read the full description

The French doors open out to the expansive undercover patio, through to the pool and deck. Cherish making new family memories in this effortless outdoor entertaining area while overlooking the stunning Mooloolah River or cool off in your very own private salt water inground pool.

The home offers four luxe bedrooms all with plush carpet, zoned ducted air-conditioning, fans and BIR. The private palatial master bedroom tucked behind double doors, with a stunning contemporary ensuite dazzling to the eyes, it offers a double vanity, double frameless shower, herringbone marble mosaic tiles and brushed brass features throughout. The master also features a large WIR, private outdoor patio and views overlooking the pool and canal. The further three bedrooms are serviced by a truly magnificent bathroom, offering style and practicality.

Allowing for separation there is a second living/media room, fully fitted out study, a full-size laundry with stone benches, trough and storage above and below with side access to the drying area and yard.

Pontoon offering exclusive boat mooring with power and water, provides direct access to the canal, river, and bay. The property has plenty of room for all your water toys from kayaks to yachts

What We Love:

- Expansive family home on 1104m2 with 16m water frontage

- Stunning light filled rooms all year around.

- Renovated to a high standard throughout

- Immaculately presented inside & out, meticulously cared for

- 4 bedrooms, 2 bathrooms, 2 separate living indoor areas

- WIR to main bedroom

- Fabulous alfresco entertaining – covered patio + timber deck

- Gorgeous sun-drenched saltwater inground pool – upgraded

- Zoned ducted 15.5kW air-conditioning

- Recently added Solar panels

- High ceilings throughout

- New fans, new LED lights, new feature lighting

- Whisper quite location but close to everything

- Easy-care garden

- Recently added jetty and pontoon

- DLUG with large additional off street parking area for the caravan or boat

- Launch your watercraft directly onto river from backyard

- Blue-chip neighborhood, quiet yet exceptionally convenient

- 5 min drive or easy walk to beach, shopping, dining, primary school, parks

- Just mins to Kawana Shopping World, Cinemas & Mooloolaba beach

- 10-15 mins to airport & hospitals

If 'diamonds are forever' then this canal home is certainly a masterpiece, with a sense of scale evoking beauty and passion that is gleaming with vistas of the water or pool from the intuitive layout. With the perfect blend of space, style and functionality inside and out.

Property Code: 462

Listing description written by Mandy Leahy, Rowling and Co Property — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.