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.