Suburb Profile Report for Parkinson QLD (4115)

Parkinson House: Median price $650,000, Annual capital growth 5.55%, Number of sales 137, Weekly median advertised rent $475

Parkinson Unit: Median price $327,500, Annual capital growth 3.47%, Number of sales 15, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$650,000 $327,500
1.40% -6.43%
4.84% -9.03%
5.55% 3.47%
$475 $370
137 15
3.80% 5.87%
65.33 78.93

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 9538
Median household income ($/weekly) 1933
Median age of persons 34
Median housing loan repayment ($/monthly) 2149
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 1593 16.7
    25-34 years 1245 13.1
    35-44 years 1621 17.0
    45-54 years 1501 15.7
    55-64 years 853 8.9
    Others 2726 28.6
    Age Group
    Census Count Percent(%)
    Registered Married 4115 60.7
    Not Married 2217 32.7
    Defacto Relationship 442 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5954 64.4
    Papua New Guinea 519 5.6
    South Africa 245 2.6
    United Kingdom 505 5.5
    Other 587 6.3
    Others 1437 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 362 4.0
    Christianity 6425 71.4
    Hinduism 247 2.7
    Islam 181 2.0
    No Religion 1624 18.0
    Others 162 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 217 8.4
    $1,500-$1,999 433 16.8
    $2,000-$2,499 411 16.0
    $2,500-$2,999 365 14.2
    $3,000-$3,499 217 8.4
    Others 927 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3379 48.2
    Not in the labour force 1660 23.7
    Employed, worked part-time 1486 21.2
    Employed, away from work 250 3.6
    Unemployed, looking for work 236 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 650 12.7
    Professionals 996 19.5
    Technicians & trades workers 709 13.9
    Clerical & administrative workers 1027 20.1
    Sales 575 11.2
    Others 1157 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 137 5.1
    Infants/Primary 1091 40.6
    Secondary 782 29.1
    Technical or Further Educational Institution 191 7.1
    University or other Tertiary Institutions 417 15.5
    Others 68 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8866 96.5
    Semi-detached, row or terrace house, townhouse 325 3.5
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1603 56.7
    Fully owned 651 23.0
    Rented 538 19.0
    Other tenure type 34 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals