Parramatta Park, 4870 ranked 96th in QLD when comparing growth in median property values or capital gain over the last 12 months. Parramatta Park is one of 2415 in our list for QLD
Comparing Parramatta Park,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Parramatta Park, 4870 is offering QLD ‘s 502th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
In the last year 21 properties changed hands in Parramatta Park, which puts it as the 679th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Parramatta Park being $471250 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.08%
If you compare the increase in value of investment property in Parramatta Park, 4870 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.52%.
A 10.57% growth in median value for property investors in Parramatta Park,4870 puts this suburb at number 278th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Parramatta Park is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in QLD
Property investors should expect to get $312.5 weekly from the median priced house in this suburb.