Parkhurst

POSTAL CODE: QLD, 4702

HOUSE

Property investors have seen a -1.17% drop in PARKHURST based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on PARKHURST, 4702 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 11.18%.

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 $845,000

Profits averaged 18.33% 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 $595 based on current median home prices for the suburb.

The gross rental yield in PARKHURST, 4702 is 3.66%.

An average of 6.58 real estate transactions take place per month in PARKHURST which translates to 79 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$845,000	N/A
Growth Report
Median Quarterly	-1.17%	N/A
Median 12 month	11.18%	N/A
Median 3 years	55.05%	N/A
Median 5 years	135.38%	N/A
10 years average annual	8.65%	N/A
Weekly media advert. rent	$595	N/A
Time on Market	37.2 days	N/A
Gross Rental Yield Percent	3.66%	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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