Over the last year, property investments in Parramatta Park, 4870 have given investors a capital gain of -2.93%. This compares badly with the 2.53% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Parramatta Park,4870 has racked up an average of -2.93% over the period. This ranks it number 2312th in the whole country for real estate investors looking at median house price increases.
Parramatta Park, 4870 is offering QLD ‘s 237th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
Investment property in Parramatta Park 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 -9.18%
If we look at median property appreciation over just the last three months, Parramatta Park has given property investors a paper return of -0.45%. This puts Suburb as 193 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Parramatta Park 4870 should be seeing an average reduction in asking price of around -5.84% . This means that Parramatta Park is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $310 weekly from the median priced house in this suburb.