With a capital gain of 10.62% for the last 12 months, Parramatta Park, 4870 has performed for property investments than its average annual 3.10% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Parramatta Park,4870 has racked up an average of 10.62% over the period. This ranks it number 1312th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Parramatta Park 4870 should be seeing an average reduction in asking price of around -4.42% . This means that Parramatta Park is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $367.5 mark per week – giving a return of 4.06% based on the median price in Suburb
With a capital gain of -3.02% for the last 12 months, Parramatta Park, 4870 has performed for property investments than its average annual -1.42% property growth over the last 5 years.
A 16.14% growth in median value for property investors in Parramatta Park,4870 puts this suburb at number 248th in terms of best performing suburbs in QLD
Vendor discounting in Parramatta Park is giving property investors an average Vendor Discount of around -9.20%. This puts suburb at number 27th in QLD when ranking the most discounted suburbs.
In the last year 34 properties changed hands in Parramatta Park, which puts it as the 236th most active market in QLD when comparing the number of sales per suburb.
Parramatta Park is 41th on a list of best yielding suburbs for rents in QLD with a 6.69% return