NSW/
Parklea

Suburb Profile

Parklea - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2768

house

Property investors have seen a -0.28% drop in PARKLEA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PARKLEA, 2768 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $902,500

Profits averaged 7.6% per annum over a 3-year period, due to an upward trend in home prices in PARKLEA, 2768.

This means, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

The gross rental yield in PARKLEA, 2768 is 3.57%.

An average of 2 real estate transactions take place per month in PARKLEA which translates to 24 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $902,500 N/A
GROWTH REPORT
Median Quarterly -0.28% N/A
Median 12 month 0.28% N/A
Median 3 years 22.79% N/A
Median 5 years 65.6% N/A
10 years average annual 7.08% N/A
Weekly media advert. rent $620 N/A
Time on Market 53.1 days N/A
Gross Rental Yield Percent 3.57% N/A
demographics (median values)
Total Population
2949
Weekly Household Income
1727
Household Size
3.30
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Parklea, NSW
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