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 › Madagascar Ct
$1,895,000
For sale
Asking
4
Bedrooms
2
Bathrooms
3
Car spaces
620 m²
Land
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
Asking
$1,895,000
Asking · $3,056/m² of land
No recorded sale for this property.
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
+18.4%
Median sale
Suburb $1,600,000
-0.40 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.
$101,444 on top of the price (5.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Parrearra's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Fixed Price RealtyHidden away in one of Kawana Island’s peaceful cul-de-sacs, this beautifully updated family home delivers something increasingly hard to find — generous family living, resort-style entertaining and the added convenience of keeping your caravan, boat or trailer close to home.
Immediately in front of the property, a quiet service-road parking area is currently utilised by the owners for their caravan, offering exceptional everyday convenience for those with larger recreational vehicles. Adding to the versatility, a gravelled area beside the home provides additional space for a trailer, small boat or other recreational equipment.
Step inside and soaring ceilings create an immediate sense of space and light. Expansive open-plan living and dining areas flow effortlessly to multiple outdoor entertaining zones, allowing the entire family to spread out while remaining connected.
At the heart of the home is a beautifully appointed chef’s kitchen featuring stone benchtops, quality appliances, gas cooking, a large island bench with double sink, wine storage and plumbed fridge space. Overlooking the living areas, alfresco and pool, it’s perfectly positioned for entertaining.
Slide back the stacker doors and discover your own private oasis. The oversized resort-style swimming pool takes centre stage, complemented by a relaxing poolside deck and tranquil pond with cascading water features — creating a wonderful setting for long summer days, entertaining friends or simply unwinding at home.
Offering excellent flexibility, the home features four generous bedrooms, or three bedrooms plus a dedicated home office. The privately positioned master retreat enjoys direct pool access, a spacious walk-in robe and oversized ensuite complete with a luxurious corner spa.
Property Features
- Excellent parking versatility, with the service-road area immediately in front currently used for the owners’ caravan, plus additional space beside the home for a trailer or small boat
- Peacefully positioned in a quiet Kawana Island cul-de-sac
- Soaring ceilings creating an impressive sense of space and natural light
- Four generous bedrooms or three bedrooms plus dedicated study
- Expansive open-plan living and dining with multiple entertaining zones
- Stylish chef’s kitchen with stone benchtops, gas cooking, large island bench, wine storage and plumbed fridge space
- Oversized resort-style swimming pool
- Tranquil pond with cascading water features
- Multiple covered alfresco areas with seamless indoor-outdoor flow
- Large stacker doors opening the living areas to the pool and entertaining zones
- Private master retreat with pool access, walk-in robe and spa ensuite
- Ducted air-conditioning throughout
- Extra-large double lock-up garage with glass sliding access doors and security alarm
- Fully fenced, low-maintenance yard with landscaped gardens, astroturf and undercover BBQ area
- Easy stroll to Double Bay, parks, waterfront walking paths, Green Zebra Restaurant and the Kawana Island precinct
- Minutes to pristine beaches, Kawana Shoppingworld, the Sunshine Coast Health Precinct and quality schools
For families who love to entertain, value space and want something a little different, 18 Madagascar Court delivers an exceptional combination of resort-style living, versatility and an enviable Kawana Island lifestyle.
Please note: The service-road parking area immediately in front of the property does not form part of the property title. The current owners have utilised this area for caravan parking.
Listing description written by Madi Willis, Fixed Price Realty — reproduced as published, not verified by Districts.