Investment property in Parkinson 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 9.09%
When looking at the potential capital gains offered to property investors over the last 3 years, Parkinson comes in at number 700th in QLD.
Our latest figures would indicate that property sellers in Parkinson are currently offering property investors an average price cut of -2.28% below the asking price at the moment.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Over the last year, property investments in Parkinson, 4115 have given investors a capital gain of 18.80%. This compares very favourably with the 8.71% for QLD as a whole.
A 15.84% growth in median value for property investors in Parkinson,4115 puts this suburb at number 233th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Parkinson, 4115. Typically our figures indicate that -3.92% is being offered, which puts this QLD suburb at 563th most discounted overall in Australia.
Often selling an investment property can take time, and in Parkinson the average time real estate has been on the market is 70.5 days.
Parkinson is 194th on a list of best yielding suburbs for rents in QLD with a 5.53% return