Back 29/51 Grand Parade
Off Market

29/51 Grand Parade

Parrearra QLD 4575

2
2
2
127 m²
Apartment
Last sold for $930,000
Jason FoxJason Fox, last sold this property on 16 February 2026 after 134 days on market.

Overview

PREMIUM WATERVIEW APARTMENT

Apartment 29 is arguably the best two-bedroom residence in the architecturally designed Island Quays complex, perfectly positioned in the peaceful, leafy suburb of Parrearra. Located on the second floor, this spacious apartment enjoys elevated, never-to-be-built-out water and park views. Its desirable north-east aspect captures the morning sun and cooling sea breezes while providing shelter from the summer heat. Inside, a light-filled open-plan living and dining area connects seamlessly to a generous balcony through floor-to-ceiling glass stacker doors – ideal for relaxing or entertaining with a stunning outlook. The modern kitchen features stone bench tops, a walk-in pantry, quality appliances, and ample storage. The main bedroom opens onto the balcony and includes a large built-in wardrobe and ensuite with double vanity. The second bedroom also offers built-in storage and access to a second bathroom, plus a separate powder room for guests. Additional highlights include a study nook, ducted air-conditioning, internal laundry with outdoor ventilation, and multiple storage cupboards. A private front entrance area provides extra storage for bikes or beach gear, while the secure basement offers two side-by-side car spaces and a lockable storage cage conveniently located beside them. Residents of Island Quays enjoy resort-style living with beautifully landscaped grounds, a large pool with lap lane and spa, BBQ area, tennis court, car wash bay, CCTV, and private boat mooring jetty. Just a short stroll to restaurants and cafes, and minutes from Kawana Shoppingworld, beaches, and the hospital precinct, this address combines lifestyle and investment appeal. Spacious, stylish and secure – Apartment 29 offers the best position in one of the Coast’s most desirable complexes.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
127 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Parrearra over the last 12 months, the estimated median property value of 29/51 Grand Parade is $825k.

Median value
$825k
Estimated value range
$705k - $1.07m
Median days on market
39
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parrearra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 29/51 Grand Parade

2026
Sold
$930,000
16 Feb 2026 by Jason Fox, of Online Property Sales & Rentals
2024
Rented
Undisclosed
Leased on 05 Nov 2024 by Online Property Sales & Rentals
2024
Rented
Undisclosed
Leased on 09 Feb 2024 by Online Property Sales & Rentals

Happy sellers in Parrearra

91%
91% of sellers in Parrearra reported that their sale price either exceeded or met their price expectations.

Parrearra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Parrearra over the last 12 months.

Local market activity for 2 bedroom apartments in Parrearra

In the last 12 months, 9 two-bedroom apartments similar to 29/51 Grand Parade, have been sold.

This represents a 233% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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