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Parkinson

Suburb Profile

Parkinson - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4115

house
unit

Property investors enjoyed capital gains of 1.79% over the last 12 months in PARKINSON, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in PARKINSON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 1.55% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $492.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $492.5 mark, reflecting a 3.91% increase in returns based on the current median price in PARKINSON.

PARKINSON, 4115 ranks 377th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 628th on the list of best yielding suburbs for rental properties in QLD, posting a 3.91% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $655,000 $355,000
GROWTH REPORT
Median Quarterly 1.16% 1.43%
Median 12 month 1.79% -1.11%
Median 3 years 1.55% -1.25%
Median 5 years 13.22% -10.1%
10 years average annual 2.86% 2.98%
Weekly media advert. rent $492.5 $420
Time on Market 61.8 days 37.5 days
Gross Rental Yield Percent 3.91% 6.15%
demographics (median values)
Total Population
9284
Weekly Household Income
1545
Household Size
3.20
demographics
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