Parrearra is a suburb of the Sunshine Coast, Queensland, located within the Kawana urban centre. It contains the locality of Kawana Island. Situated 12km north of Caloundra and 9km south of Maroochydore, the Nicklin Highway divides the suburb from north to south.

Land and homes sales began to take off in the 1990s and the area has many luxury homes on the waterfront. With wonderful walks, outlooks and neighbouring beaches as well as a shopping centre, Kawana Shoppingworld that has recently had a $73 million redevelopment, this is a popular location.

To the east, it has wonderful beaches with Kawana beach, one of the longest open beaches on the Sunshine Coast, stretching from Point Cartwright at the northern end down to Currimundi Lake at the southern end, ten kilometres of beautiful white sand. Kawana Surf Lifesaving Club faces the Coral Sea, while the west faces the Parrearra Channel and Wyuna Canal.

Kawana Waters State College offers quality education from kindergarten to Year 12, neighbouring Buddina has a primary school and further State primary and high schools are in Mountain Creek, 3km away. Many excellent private schools are also available on the Sunshine Coast.

The name Kawana, an Indigenous word for wildflowers, was proposed by Alfred Grant, who launched early land releases in the area, as it was famed for its heathland wildflowers.

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