Suburb Profile Report for Parkwood WA (6147)

Parkwood House: Median price $427,500, Annual capital growth 0.46%, Number of sales 76, Weekly median advertised rent $360

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Parkwood, 6147 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.84%

While Parkwood,6147 ranked number 267th in WA for increase in median house value (annualised) increase, it is ranked 287th over the last 5 years.

Sellers are offering property buyers an average discount of -9.37% to buyers in Parkwood at the moment, which is less than average for the rest of WA.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$427,500 N/A
-0.58% N/A
-2.84% N/A
0.46% N/A
$360 N/A
76 N/A
4.38% N/A
57.75 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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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
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