Suburb Profile Report for Parkinson QLD (4115)

Parkinson House: Median price $635,600, Annual capital growth 5.45%, Number of sales 153, Weekly median advertised rent $475

Parkinson Unit: Median price $370,000, Annual capital growth 7.73%, Number of sales 20, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Parkinson is in the TOP 30% 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 7.46%.

Across a shorter period, Parkinson, 4115 has seen a median price increase of 0.09% over the last quarter.

Property buyers and investors in Parkinson 4115 should be seeing an average reduction in asking price of around -4.85% . This means that Parkinson is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $475 and the average annual increase in value of a median property of 5.45%, investors should hope to achieve an overall return of 3.89%

Over the last year, property investments in Parkinson, 4115 have given investors a capital gain of -10.84%. This compares very badly with the 1.12% for QLD as a whole.

Parkinson4115 is located in QLD which offers an average discount of -6.00% to property investors. Parkinson itself is showing figures that indicate -5.93% is the average achievable by property buyers investing in the suburb.

HOUSE UNIT
$635,600 $370,000
0.09% N/A
7.46% -10.84%
5.45% 7.73%
$475 $380
153 20
3.89% 5.34%
52.18 71.31

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