Investment property in Parkwood has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.90%
If we look at median property appreciation over just the last three months, Parkwood has given property investors a paper return of 0.10%. This puts Suburb as 136 on a list of fastest fasting appreciating suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Parkwood is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 386th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
Advertised rents are around the $360 mark per week – giving a return of 3.90% based on the median price in Suburb