Property value increases in Parklea have tracked just lower than the NSW average of 9.05% over the last 12 months.
Comparing Parklea,2768 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Parklea, 2768. Typically our figures indicate that -3.19% is being offered, which puts this NSW suburb at 3473th most discounted overall in Australia.
In the last year 28 properties changed hands in Parklea, which puts it as the 979th most active market in NSW when comparing the number of sales per suburb.
Parklea is 583th on a list of best yielding suburbs for rents in NSW with a 3.63% return
If you compare the increase in value of investment property in Parklea, 2768 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.05%.