Suburb Profile Report for Parkinson QLD (4115)

Parkinson House: Median price $635,000, Annual capital growth 5.40%, Number of sales 148, Weekly median advertised rent $475

Parkinson Unit: Median price $369,000, Annual capital growth 8.93%, Number of sales 16, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Parkinson is an average performer in QLD when comparing median price capital growth over the last year. Parkinson gave property investors a good capital gain figure when compared to the rest of the state, with 4.96%.

While Parkinson,4115 ranked number 645th in QLD for increase in median house value (annualised) increase, it is ranked 143th over the last 5 years.

Property investors looking for a bargain in Parkinson should be aiming for at least -4.84% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Parkinson have been waiting around 54.68 days to sell a property.

Property investors should expect to get $475 weekly from the median priced house in this suburb.

Property investors who have had real estate in Parkinson, 4115 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.00%

LACK OF BUYER INTEREST may well be the reason that Parkinson is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in QLD

The QLD suburb of Parkinson, 4115 is in the Brisbane local government area.

Metrics i HOUSE UNIT
$635,000 $369,000
-1.09% -0.27%
4.96% -10.00%
5.40% 8.93%
$475 $380
148 16
3.89% 5.36%
54.68 71.64

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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