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 › Pheasant St
$734,000
Last sold
2 July 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
651 m²
Land
241 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
$734,000
2 July 2020 · derived via latest_sale
Local land rate: recorded House sales in Parrearra (last 5 years) with land size have a median of $2,467/m² of land (n=68). 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
-54.1%
Median sale
Suburb $1,600,000
+3.02 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 Fixed Price RealtyULTIMATE HOLIDAY HOME – CLOSE TO BEACH – INCREDIBLE RENTAL YIELD
Here is a once in a lifetime business opportunity for an investment buyer or a comfortable family home. The current owners have thought of everything to make this an ideal holiday or family home and all the hard work has been done for you, making it a must to inspect.
This 4-bed home located in a prime location and situated in a quiet street, offers 3 spacious living areas, including a large double garage with remote and drive through access to the rear yard. The garage is currently used as a large games room. The front yard boasts a large solar heated inground pool with a water slide to keep the kids and adults entertained all year round. Please take note that for those who want to reduce their chlorine exposure, the latest technology automatic ozone filtration system has been added for healthier, odour free, crystal clear water and is safe for those that suffer from allergies, asthma or eczema and an automatic acid feeder.
The modern kitchen with up to date appliances flows effortlessly into the open plan dining and livings rooms which lead to the outdoor, undercover, entertainment area which is perfectly suited to entertain friends and family.
The large bedrooms, all with built ins, are tiled and have ceiling fans. The master bedroom with ensuite is situated apart from the other bedrooms for privacy. The property is complete with separate laundry, large linen cupboard, family bathroom with bath and shower and there is a separate toilet.
The home is fully fenced with a kid’s elevated cubby house making it a fabulous child/pet friendly property.
Opportunities like this are rare and when they do come up, they don’t last long!
FEATURES YOU’LL LOVE
• Holiday home, can accommodate up to 16 guests
• 2 x Air conditioners and ceiling fans throughout
• Security screens on all doors
• Northerly aspect
• Back to base home alarm system
• Ample storage
• Low maintenance gardens
• Room to store a boat or trailer
• New elevated cubby house
• Newly painted
• New ceiling fans
• New crim-safe on all windows and doors
• New salt water heated ozone pool
• New commercial grade water slide (200L water/min)
• New air conditioning
• Newly tiled throughout
• New large garden shed
• Newly insulated ceilings
• New outdoor and indoor binds
• New skylights
• New solar electricity panels
• New state of the art customisable digital front door lock
LOCATION
Ideally located this home will suit the beach loving family being in a quiet street yet only a few minutes walk from everything…
• Only 600m to the beach
• Only 600m to Kawana Shopping World
• Only 100m to the park (with playground facilities and a BBQ)
• 500m to a selection of cafes and restaurants
• 300m to canal access
• Close to express bus to the university.
• 4 minutes drive off the Sunshine Motorway
• Just 9 minutes to the Sunshine Coast University
• Just 5 minutes to the new Sunshine Coast University Hospital
THE INVESTOR
While being a lovely family home, this home would also suit the investor. The home is currently used as a profitable holiday home with incredible returns averaging approximately $120,000 p/a for the last 3 years. (Financials available on request from accountant). The owners have built up a large clientele with repeat guests, boasting approximately 80% occupancy. This good-will/database and various property listings on holiday websites, and forward bookings are all included in the sale. You will not be able to find another investment house on the coast which can return of 15% on capital. Owners regretful sale as they require funds for another development. Also, option for buyer to buy everything in the house from the owner (based on surveyor’s report) including arcade games, if buyer prefers should you wish to continue running the home as a holiday home.
Please note: Whilst all due diligence has been taken in the preparation of this document Fixed Price Realty can attach no guarantee regarding the contents and recommend purchasers conduct their own enquiries.
Listing description written by Madi Willis, Fixed Price Realty — reproduced as published, not verified by Districts.