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Investment Property Parrearra, QLD, 4575

Suburb Snapshot

Parrearra is a suburb in the Sunshine Coast Region of Queensland. Parrearra has a population of 4,462 people and 30.21% of its occupants live in rental accommodation. The median listing price for houses is $1,380,000 and this has changed 6.56% over the past year and changed 15.00% over 2 years.

The median rent in Parrearra for houses is $875 per week and the median rental yield is 3.29%. Stock on the market for houses/townhouses has changed -14.81% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $800,000 and this has changed 16.78% over the past year. The average unit takes 127 days to sell and the median rent for a unit in Parrearra is $670 per week, producing a rental yield of 4.35%.

Supply & Demand in Parrearra, Sunshine Coast

0.55%

Current vacancy rate


13

Rental stock available


4,462

Population


30.21%

Rental population


0.69%

Current vacancy rate


1,119

Rental stock available


294,369

Population


26.15%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Parrearra, Sunshine Coast

  House Townhouses Units
Median listing price $1,380,000 NA $800,000
Median price change - last quarter 6.15% NA 6.66%
Median price change - 1 year 6.56% NA 16.78%
Median price change - 2 years 15.00% NA 28.00%
  House Townhouses Units
Median weekly rent $875 NA $670
Median yield % 3.29% NA 4.35%
Median rent change - 1 year 9.37% NA 3.07%
  House Units
Previous month sales 4 4
Stock on market previous month 23 16
Stock variance vs. last year -14.81% -20.00%
Average days on market 68 127

Parrearra investment property listings

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