Suburb Profile Report for Parkwood QLD (4214)

Parkwood House: Median price $575,000, Annual capital growth 3.64%, Number of sales 132, Weekly median advertised rent $530

Parkwood Unit: Median price $359,500, Annual capital growth 4.95%, Number of sales 38, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Parkwood, 4214 have given investors a capital gain of 6.24%. This compares favourably with the 2.06% for QLD as a whole.

Parkwood,4214 has offered an average of 6.24% return per annum in house price rises to property investors over the last three years.

At number 787th of QLD’s most discounted properties, Parkwood is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Parkwood, 4214’s gross rental yield is 4.79%

Investment property in Parkwood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.70%

The most recent median price for Parkwood is $359500, with sellers offering an average of -3.77% off the asking price.

Parkwood, 4214’s gross rental yield is 5.64%

HOUSE UNIT
$575,000 $359,500
1.77% 1.99%
6.24% 12.70%
3.64% 4.95%
$530 $390
132 38
4.79% 5.64%
48.44 41.38

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 8436
Median household income ($/weekly) 1437
Median age of persons 34
Median housing loan repayment ($/monthly) 1979
Average household size 3
  • Census Count Percent(%)
    5-14 years 1156 13.7
    25-34 years 1044 12.4
    35-44 years 1213 14.4
    45-54 years 1359 16.1
    55-64 years 963 11.4
    Others 2701 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 3084 49.8
    Not Married 2517 40.7
    Defacto Relationship 587 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5605 69.6
    Croatia 152 1.9
    Papua New Guinea 805 10.0
    United Kingdom 443 5.5
    Other 279 3.5
    Others 769 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 1.8
    Christianity 5475 70.7
    Hinduism 56 0.7
    Islam 170 2.2
    No Religion 1860 24.0
    Others 50 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 245 10.5
    $1,250-$1,499 253 10.8
    $1,500-$1,999 367 15.7
    $2,000-$2,499 309 13.2
    $2,500-$2,999 201 8.6
    Others 958 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2528 39.1
    Not in the labour force 1764 27.3
    Employed, worked part-time 1550 24.0
    Unemployed, looking for work 371 5.7
    Employed, away from work 246 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 746 17.2
    Technicians & trades workers 678 15.7
    Community & personal service workers 478 11.0
    Clerical & administrative workers 667 15.4
    Sales 557 12.9
    Others 1200 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 113 4.8
    Infants/Primary 748 31.8
    Secondary 588 25.0
    Technical or Further Educational Institution 164 7.0
    University or other Tertiary Institutions 689 29.3
    Others 51 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7403 93.2
    Semi-detached, row or terrace house, townhouse 530 6.7
    Flat, unit or apartment 3 0.0
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1251 48.0
    Rented 723 27.8
    Fully owned 621 23.8
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals