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QLD › Parrearra › Corella Dr

5 Corella Dr, Parrearra QLD 4575

House

$1,600,000

Last sold

5 Dec 2025

5

Bedrooms

2

Bathrooms

3

Car spaces

740 m²

Land

311 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 $1,600,000 (5 Dec 2025).(Recorded sale)
  • 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?

No upside evidence detected in the data Districts holds for this lot.

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

$1,600,000

5 Dec 2025 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

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

0.0%

Median sale

Suburb $1,600,000

0.00 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

201920222025$770k$1.6m
  • Sold (recorded)
  1. Sold$1,600,0005 Dec 2025
  2. Listedprice unknowncompleted12 Sept 2025
  3. Sold$770,00013 Dec 2019
  4. Listedprice unknowncompleted8 Oct 2019

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 Century 21 On Duporth

Fantastic Family Entertainer - In The Heart Of It All!

Positioned on a large 740m2 corner block, this two level, generous size four bedroom plus study home was designed with true coastal living in mind and is positioned on the beachside of the Parrearra channel. Designed with complete privacy and ease of entertaining, you won't want to miss this one!

Located only a stone's throw from local beaches, parks, canals, restaurants, cafés and only a short 5 minute walk to everything. This solid brick and tile home has been lovingly cared for and maintained for many years and now it's time for the current owners to downsize.

Situated in one of the most popular local pockets of 4575 and also in a quiet cul-de-sac position, you are first greeted by a wall of tropical palms creating a real sense of privacy. Upon entering the front garden you can hear a gentle water flow from the feature pond complete with a dozen goldfish, a lovely place to sit and relax with a morning cup of tea.

Read the full description

The fantastic and flexible layout on the first level offers terracotta tiles throughout the multiple & spacious open plan living areas giving the home a slight Mediterranean feel. The modern kitchen offers plenty of cupboard space, stainless steel appliances including, induction cooktop, double door dishwasher and functional island bench. Nearby is also a separate laundry with built in cabinetry, extra toilet and easy external access to the clothesline.

Unwind under the shade of the private alfresco entertaining area which overlooks the sparkling inground pool and tropical landscaped backyard, complete with a poolside nook for keeping an eye on the kids while they play. The yard has been designed with a sturdy cubby house, garden shed, veggie patch and front side access gates big enough to fit a small boat or camper trailer off street.

All 3 bedrooms downstairs offer ceiling fans, built in robes & timber look flooring throughout and are serviced by the main bathroom with large corner bathtub, separate shower and built in vanity.

Timber stairs take you to the generous size parent's retreat - a master bedroom, walk through robe and ensuite which offers his and hers vanities, oversized shower with removable showerhead and timber shutters. Plus the added bonus of a separate nursery / office adjacent to the master bedroom.

Plenty of space for the cars with a large remote triple lock up garage and built in work bench with internal entry to the home.

If you are looking for private and generous sized beachside living in Parrearra within walking distance to Kawana Shopping World, new Gold Class Cinema's, off lead dog beaches and canals then look no further.

* Super-Sized Family Living In Great Location

* Large 740m2 Corner Block

* 4 Bedrooms Plus Study/ Office, 2 Bathrooms, 2 Living Areas

* Kitchen With Stainless Steel Appliances

* Expansive Undercover Entertaining Area

* Fully Fenced For Privacy

* Tropical Gardens And Pool With Outdoor Shower

* Triple Garage Plus Side Access

Listing description written by Sue Brookes, Century 21 On Duporth — reproduced as published, not verified by Districts.

Property features

  • In-Ground Pool
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.