Parkhurst

POSTAL CODE: QLD, 4702

HOUSE

Property investors have seen a -3.09% drop in PARKHURST based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PARKHURST, 4702 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $765,599

Profits averaged 24.67% per annum over a 3-year period, due to an upward trend in home prices in PARKHURST, 4702.

This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

The gross rental yield in PARKHURST, 4702 is 3.74%.

An average of 6.83 real estate transactions take place per month in PARKHURST which translates to 82 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$765,599	N/A
Growth Report
Median Quarterly	-3.09%	N/A
Median 12 month	9.53%	N/A
Median 3 years	74.4%	N/A
Median 5 years	74.5%	N/A
10 years average annual	10.73%	N/A
Weekly media advert. rent	$550	N/A
Time on Market	39.6 days	N/A
Gross Rental Yield Percent	3.74%	N/A

Demographics (Median Values)*

Total Population 1838

Weekly Household Income 923.4

Household Size 2.70

Average Age 32

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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