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.