At number 285th in the list of Australian suburbs ordered by increase in median house value over the last year, Parramatta Park, 4870 is in the top 10% with a property value increase of 19.74% recorded in median house prices.
While Parramatta Park,4870 ranked number 91th in QLD for increase in median house value (annualised) increase, it is ranked 360th over the last 5 years.
Property investors looking for a bargain in Parramatta Park should be aiming for at least -6.24% off the asking price, which is the average vendor discount being achieved at the moment.
QLD has seen average median house prices change by 1.23% which means that Parramatta Park, 4870 has done well for property investors by showing a capital gain of 1.88% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Parramatta Park comes in at number 68th in QLD.
Parramatta Park, 4870 is offering QLD ‘s 37th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Renters in Suburb are facing rents around $3720 per annum or $310 every week.