112/1 Fiji Court, Parrearra QLD 4575
112/1 Fiji Court, Parrearra QLD 4575
Waterfront resort complex | 2 bed 2 bath apartment | River outlook | Low-maintenance lifestyle | Pool tennis BBQ
This apartment occupies a genuinely distinctive position within Parrearra, sitting in a waterfront complex on the Mooloolah River where the combination of resort-style amenities and direct water proximity is uncommon for the price point. The two-bedroom, two-bathroom configuration suits downsizers and professional couples who want the coastal lifestyle without the upkeep of a detached house. The complex’s lap pool, tennis court, and BBQ facilities create a holiday-at-home feel that is rare in standard apartment stock, and the river setting adds a layer of tranquillity that inland units simply cannot replicate. This property serves buyers prioritising amenity and outlook over land, and it competes directly with premium apartment offerings along the Sunshine Coast’s canal precincts.
The value picture may be shaped by factors that are not immediately visible from the listing. Floor level and aspect could meaningfully influence how much river view and natural light the unit receives, which in turn affects its appeal relative to other units in the same building. The configuration of car parking, whether one or two spaces, may also matter for owner-occupiers with multiple vehicles or investors targeting tenants with cars. Body corporate fees and the financial health of the complex are worth examining, as shared facilities like pools and tennis courts carry ongoing maintenance obligations. Renovation quality inside the apartment could either support or constrain the price, depending on how it compares to recently updated neighbouring units.
|| Comparable Sales: 110/1 Fiji Court sold $775K; Unit 205/1 Fiji Ct sold $740K | Property Price Band: $700K–$800K | Value Drivers: floor level, river outlook, internal condition
Detailed Independent Property Report prepared by PropCred Analyst team for 112/1 Fiji Court, Parrearra QLD 4575
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Parrearra, on the Sunshine Coast, is a tightly held suburban market anchored by couples in detached houses, many outright owners. Demand comes from professionals and managers, with supply exceptionally tight: 24 available listings against 148 sales in the past year. House prices span $1.35M–$1.54M across sources, with 12-month growth ranging 6.5%–13.6%; units sit around $845K–$860K, growing 6.7%–12.8%. Houses sell in 35–64 days, and vacancy is a low 0.51%. Future growth is supported by ongoing regional infrastructure, but risks are visible: high price points constrain affordability, while house rental yields of roughly 3.3%–3.4% leave the market sensitive to interest rates. Units offer stronger yields, but overall momentum rests on supply staying scarce.
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PropCred Estimated Value
Comparable Sales: 110/1 Fiji Court sold $775K; Unit 205/1 Fiji Ct sold $740K | Property Price Band: $700K–$800K | Value Drivers: floor level, river outlook, internal condition
Bedrooms
2
Bathroom
2
Parking
1
Land
1.23 ha
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