If you compare the increase in value of investment property in Parklea, 2768 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.11%.
A 63.64% growth in median value for property investors in Parklea,2768 puts this suburb at number 412th in terms of best performing suburbs in NSW
At number 1067th of NSW’s most discounted properties, Parklea is in the TOP 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 7.28%.
Property value increases in Parklea have tracked just higher than the NSW average of 7.74% over the last 12 months.
Sellers are offering property buyers an average discount of -5.02% to buyers in Parklea at the moment, which is less than average for the rest of NSW.
A $505 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 7.06%.