QLD/
Parramatta park

Suburb Profile

Parramatta Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4870

house
unit

Property investors enjoyed capital gains of 6.26% over the last 12 months in PARRAMATTA PARK, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 3.35% growth over a ten-year period. It ranks 2455th on our list of suburbs that property investors should look into.

PARRAMATTA PARK, 4870 has a capital gain of 6.26% for the past year, which is higher than average compared to its 19.3% growth within a five-year period.

With the median home price in PARRAMATTA PARK sitting at $471,250, and the average rent at $380, property owners could potentially earn a 4.19% increase in gross rental yield.

PARRAMATTA PARK, 4870 in QLD belongs to the local government area of Cairns.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $471,250 $242,000
GROWTH REPORT
Median Quarterly N/A -0.21%
Median 12 month 6.26% -3.53%
Median 3 years 27.36% 1.89%
Median 5 years 19.3% 20.4%
10 years average annual 3.35% -1.52%
Weekly media advert. rent $380 $315
Time on Market 52.4 days 85.8 days
Gross Rental Yield Percent 4.19% 6.77%
demographics (median values)
Total Population
2903
Weekly Household Income
817.5
Household Size
2.00
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