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 › Corella Dr
$1,775,000
Last sold
24 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
680 m²
Land
260 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
$1,775,000
24 Apr 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 $2,387/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
+10.9%
Median sale
Suburb $1,600,000
-0.25 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 TownPositioned just 700 metres from the pristine shores of Buddina Beach, 6 Corella Drive, Parrearra, is a true masterclass in effortless coastal luxury. Recently renovated to an impeccable standard, this exquisite residence seamlessly blends timeless elegance with modern functionality, offering an unparalleled lifestyle within moments of beaches, shopping, dining, and parklands.
Situated on a meticulously maintained 680m² block, this single-level sanctuary is designed for both refined living and everyday ease. Four generously proportioned bedrooms, two opulent bathrooms, and a dedicated home office provide ample space for family life, media room all the while the designer kitchen serves as the heart of the home. Flowing seamlessly into the open plan living and dining areas, the space extends outdoors to a covered alfresco patio. Here, a glistening inground pool, a stylish pergola, and an outdoor shower create a private resort-style retreat, perfect for relaxation or entertaining.
Every inch of this home is crafted with impeccable attention to detail. Hamptons-inspired interiors are complemented by ducted air-conditioning, ceiling fans, and premium finishes, including brass fittings, stone benchtops, and soft-close cabinetry. The kitchen, a dream for home chefs, boasts a spacious walk-in pantry and high-end appliances, while the main bathroom indulges with a luxurious freestanding bathtub. The master suite is a true sanctuary, featuring a skylit ‘his and hers’ walk-in wardrobe and a breathtaking ensuite, complete with elegant floating vanities. Adding to the home's modern sophistication, smart home technology includes Hikvision security cameras, a MyPlace smart A/C system, and an 8.8kW solar power system, delivering both comfort and efficiency. A separate laundry and double lock up garage with built in storage and drive through access to the rear complete the package.
Beyond its captivating street presence, this home is perfectly positioned in a peaceful, family-friendly cul-de-sac, just moments from scenic parklands and exclusive waterfront homes. The nearby off-leash dog beach makes it ideal for pet owners, while top-tier schools, the university, hospitals, and premium sporting facilities are all within a short 5 to 10 minute drive.
For those in search of a refined yet low-maintenance coastal retreat, 6 Corella Drive is an opportunity not to be missed. Offering the perfect balance of luxury, convenience, and an idyllic coastal setting, this remarkable home is the ultimate lifestyle upgrade - book your viewing today!
Summary of features:
• Luxurious coastal home just 700m from the pristine sands of Buddina Beach
• Spacious 680m² block with a resort-style pool, pergola, and fully covered alfresco
• Four bedrooms, two bathrooms, plus a home office, open plan living and dining
• Designer kitchen with stone benchtops, walk-in pantry, and eye-catching brass accents.
• Master retreat with skylit walk-in robe, beautifully appointed ensuite, sliding doors to pool
• Smart home features include security cameras, solar, and ducted air conditioning
• Prime cul-de-sac location close to shopping centre, schools, transport, parks, university and hospital
Listing description written by CRAIG MORRISON, Town — reproduced as published, not verified by Districts.