With a capital gain of 6.30% for the last 12 months, Parkinson, 4115 has performed for property investments than its average annual 5.49% property growth over the last 5 years.
Comparing Parkinson,4115 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 679th of QLD’s most discounted properties, Parkinson is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Parkinson the average time real estate has been on the market is 54.38 days.
With the median price for a house in Parkinson being $637800 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.87%
Property value increases in Parkinson have tracked lower than the QLD average of 0.98% over the last 12 months.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Parkinson itself are offering an average vendor discount of -5.93% to real estate investors.