Suburb Profile Report for Parkwood WA (6147)

Parkwood House: Median price $480,250, Annual capital growth 2.38%, Number of sales 78, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Parkwood has done pretty 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 -1.49%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Parkwood has increased when compared to the 5 year average annual rate.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.22% offered to property buyers. Sellers in Parkwood itself are offering an average vendor discount of -5.74% to real estate investors.

At number 693 in a list of fastest selling suburbs, Parkwood is in the TOP 20% of suburbs in Australia with an average of days on market 52.86 for properties listed there.

Metrics i HOUSE UNIT
$480,250 N/A
-0.98% N/A
-1.49% N/A
2.38% N/A
$350 N/A
78 N/A
3.79% N/A
52.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Parkwood WA
Demographics
Total population 6128
Median household income ($/weekly) 1408
Median age of persons 37
Median housing loan repayment ($/monthly) 1800
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 655 10.7
    25-34 years 898 14.7
    35-44 years 784 12.8
    45-54 years 893 14.6
    55-64 years 897 14.6
    Others 2001 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 2430 49.8
    Not Married 2084 42.7
    Defacto Relationship 364 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3325 55.7
    Malta 521 8.7
    Singapore 201 3.4
    United Kingdom 627 10.5
    Other 325 5.4
    Others 967 16.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 527 9.2
    Christianity 3416 59.4
    Hinduism 128 2.2
    Islam 156 2.7
    No Religion 1491 25.9
    Others 35 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 203 9.7
    $1,250-$1,499 193 9.3
    $1,500-$1,999 267 12.8
    $2,000-$2,499 235 11.3
    $2,500-$2,999 228 10.9
    Others 957 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2190 43.9
    Not in the labour force 1422 28.5
    Employed, worked part-time 1016 20.4
    Employed, away from work 202 4.0
    Unemployed, looking for work 161 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 685 20.1
    Technicians & trades workers 511 15.0
    Community & personal service workers 383 11.2
    Clerical & administrative workers 623 18.3
    Labourers 341 10.0
    Others 865 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 69 4.9
    Infants/Primary 453 32.2
    Secondary 314 22.3
    Technical or Further Educational Institution 151 10.7
    University or other Tertiary Institutions 377 26.8
    Others 42 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5517 92.5
    Semi-detached, row or terrace house, townhouse 260 4.4
    Flat, unit or apartment 189 3.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 955 41.6
    Fully owned 913 39.7
    Rented 419 18.2
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals