Parramatta Park is in the TOP 10% in QLD when comparing median price capital growth over the last year. Parramatta Park gave property investors a very good capital gain figure when compared to the rest of the state, with 13.21%.
The five-year average increase in median property values for Parramatta Park,4870 has given property investors a potential capital gain of 28.77% across each of those five years.
At number 666th of QLD’s most discounted properties, Parramatta Park is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 891 in a list of fastest selling suburbs, Parramatta Park is in the TOP 30% of suburbs in Australia with an average of days on market 60.4 for properties listed there.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.14%, without taking into account capital value appreciation, which has been averaging out at 3.43%.
Parramatta Park, 4870 ranked 237th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Parramatta Park comes in at number 49th in QLD.
Vendor discounting in Parramatta Park is giving property investors an average Vendor Discount of around -8.14%. This puts suburb at number 38th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $310 mark per week – giving a return of 6.61% based on the median price in Suburb