If you compare the increase in value of investment property in Parkwood, 4214 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.25%.
While Parkwood,4214 ranked number 302th in QLD for increase in median house value (annualised) increase, it is ranked 53th over the last 5 years.
Property buyers and investors in Parkwood 4214 should be seeing an average reduction in asking price of around -4.57% . This means that Parkwood is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 11.75 sales per month, which equates to 141 per year.
Advertised rents are around the $530 mark per week – giving a return of 4.46% based on the median price in Suburb
Parkwood, 4214 ranked 217th in QLD when comparing growth in median property values or capital gain over the last 12 months. Parkwood is one of 2415 in our list for QLD
Vendor discounting in Parkwood is giving property investors an average Vendor Discount of around -3.79%. This puts suburb at number 274th in QLD when ranking the most discounted suburbs.