Investment property in Parkville has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.74%
A 109.56% growth in median value for property investors in Parkville,3052 puts this suburb at number 624th in terms of best performing suburbs in VIC
With the median price for a house in Parkville being $1425000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 1.57%
At number 764th in the list of Australian suburbs ordered by increase in median house value over the last year, Parkville, 3052 is in the top half with a property value increase of 4.15% recorded in median house prices.
A 3.23% growth in median value for property investors in Parkville,3052 puts this suburb at number 332th in terms of best performing suburbs in VIC
At number 251th of VIC’s most discounted properties, Parkville is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Parkville is 216th on a list of best yielding suburbs for rents in VIC with a 4.00% return