Property value increases in Parkinson have tracked just higher than the QLD average of 2.39% over the last 12 months.
Parkinson,4115 has offered an average of 4.84% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Parkinson are currently offering property investors an average price cut of -5.02% below the asking price at the moment.
On average over the past year, suburb has had 11.42 sales per month, which equates to 137 per year.
Situated 18.61km from the CBD, Parkinson is one of Brisbane localities in the postcode 4115.
QLD has seen average median house prices change by 0.48% which means that Parkinson, 4115 has done well for property investors by showing a capital gain of -9.03% over the last year
Over the longer term, Parkinson has seen property prices show investors a -19.43% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Parkinson 4115 should be seeing an average reduction in asking price of around -6.49% . This means that Parkinson is holding prices well when compared to other suburbs in QLD.
At number 761 in a list of fastest selling suburbs, Parkinson is just in the bottom half of suburbs in Australia with an average of days on market 78.93 for properties listed there.
Advertised rents are around the $370 mark per week – giving a return of 5.87% based on the median price in Suburb