Giving property investors a an average capital gain of 6.42% for the last year, Parkwood, 4214 is the 1818th highest performer in Australia in this respect.
Over the longer term, Parkwood has seen property prices show investors a 25.54% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Parkwood is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 759th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $6360 per annum or $530 every week.
With a capital gain of 9.85% for the last 12 months, Parkwood, 4214 has performed for property investments than its average annual 4.25% property growth over the last 5 years.
While Parkwood,4214 ranked number 201th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
Parkwood, 4214 is offering QLD ‘s 303th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 5.68%, without taking into account capital value appreciation, which has been averaging out at 4.25%.