Property value increases in Parklea have tracked close to the NSW average of 9.74% over the last 12 months.
The five-year average increase in median property values for Parklea,2768 has given property investors a potential capital gain of 63.79% across each of those five years.
The most recent median price for Parklea is $900000, with sellers offering an average of -3.16% off the asking price.
Advertised rents are around the $600 mark per week – giving a return of 3.47% based on the median price in Suburb
Parklea, 2768 ranked 263th in NSW when comparing growth in median property values or capital gain over the last 12 months. Parklea is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Parklea has given property investors a paper return of 0.45%. This puts Suburb as 383 on a list of fastest fasting appreciating suburbs in NSW
Property investors should expect to get $505 weekly from the median priced house in this suburb.