If you compare the increase in value of investment property in Parklea, 2768 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.70%.
Parklea,2768 was ranked 1888 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Parklea are currently offering property investors an average price cut of -3.19% below the asking price at the moment.
Parklea, 2768 ranked 200th 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
Parklea,2768 was ranked 372 in Australia by increase in median property value over the quarter.
With the median price for a house in Parklea being $560000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.64%