Suburb Profile Report for Parkhurst QLD (4702)

Parkhurst House: Median price $459,500, Annual capital growth 5.84%, Number of sales 26, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

At number 105th in the list of Australian suburbs ordered by increase in median house value over the last year, Parkhurst, 4702 is in the top 10% with a property value increase of 28.53% recorded in median house prices.

The five-year average increase in median property values for Parkhurst,4702 has given property investors a potential capital gain of 42.70% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Parkhurst is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 209th in terms of most discounted suburbs in QLD

With the median price for a house in Parkhurst being $459500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 3.39%

Metrics i HOUSE UNIT
$459,500 N/A
-3.26% N/A
28.53% N/A
5.84% N/A
$300 N/A
26 N/A
3.39% N/A
154.37 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1836
Median household income ($/weekly) 1460
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 285 15.5
    25-34 years 240 13.1
    35-44 years 263 14.3
    45-54 years 285 15.5
    55-64 years 200 10.9
    Others 561 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 624 55.0
    Not Married 382 33.7
    Defacto Relationship 128 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1511 93.8
    Papua New Guinea 27 1.7
    Philippines 10 0.6
    South Africa 12 0.7
    United Kingdom 34 2.1
    Others 17 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1276 81.8
    No Religion 283 18.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 44 9.3
    $1,250-$1,499 49 10.4
    $1,500-$1,999 71 15.1
    $2,000-$2,499 60 12.7
    $2,500-$2,999 45 9.6
    Others 202 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 580 47.0
    Not in the labour force 292 23.6
    Employed, worked part-time 268 21.7
    Employed, away from work 59 4.8
    Unemployed, looking for work 36 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 134 14.8
    Technicians & trades workers 167 18.5
    Clerical & administrative workers 140 15.5
    Sales 115 12.7
    Labourers 90 10.0
    Others 257 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 12 3.0
    Infants/Primary 188 46.5
    Secondary 114 28.2
    Technical or Further Educational Institution 29 7.2
    University or other Tertiary Institutions 58 14.4
    Others 3 0.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1462 94.3
    Caravan, cabin, houseboat 89 5.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 233 44.0
    Rented 159 30.1
    Fully owned 134 25.3
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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