Parkwood, 4214 ranked 264th 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
While Parkwood,4214 ranked number 146th in QLD for increase in median house value (annualised) increase, it is ranked 147th over the last 5 years.
Vendor discounting in Parkwood is giving property investors an average Vendor Discount of around -4.00%. This puts suburb at number 781th in QLD when ranking the most discounted suburbs.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 4.81%, without taking into account capital value appreciation, which has been averaging out at 3.59%.
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 12.36%
Parkwood,4214 was ranked 480 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Parkwood is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 274th in terms of most discounted suburbs in QLD