Parklands

POSTAL CODE: TAS, 7320
HOUSE
PARKLANDS ranks 152nd in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -7.61% for the past year is lower than average compared to its 51.38% growth within a five-year period.

Also in PARKLANDS, the median home price is sitting at $492,000, and the average rent at $445, this suggests property owners could potentially earn a 4.7% increase in gross rental yield.

Property investors have seen a 0.2% gain in PARKLANDS based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.06% growth over a ten-year period. It ranks 1899th on our list of suburbs that property investors should look into.

Surburb overview

Parklands, with the postcode 7320, is a charming suburb located approximately 1.5 kilometres west of Burnie’s central business district in Tasmania. Known for its picturesque coastal views, family-friendly environment, and close proximity to urban amenities, Parklands offers a comfortable and attractive lifestyle for its residents. The population of Parklands is around 1,000 residents, comprising a diverse mix of families, professionals, and retirees who appreciate the suburb’s serene setting and community-oriented atmosphere.

Parklands falls under the jurisdiction of the City of Burnie, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, providing regular services to Burnie’s CBD and surrounding suburbs, making commuting convenient for residents. The suburb is also easily accessible by car, with major roads connecting it to other parts of Burnie and beyond.

Educational facilities near Parklands include Parklands High School and Stella Maris Catholic Primary School, catering to the educational needs of young children and teenagers. For secondary and higher education, students can attend Burnie High School and Hellyer College. Additionally, the TasTAFE Burnie campus and the Cradle Coast campus of the University of Tasmania are easily accessible, providing further educational opportunities.

For shopping and essential services, Parklands residents often visit the nearby Burnie CBD, which offers a variety of retail stores, supermarkets, cafes, and dining options. The Upper Burnie Shopping Centre provides additional convenience with local shops and essential services, ensuring residents have easy access to everyday needs.

Parklands is rich in recreational activities, with numerous parks and green spaces enhancing the suburb’s appeal. The nearby West Park and Burnie Park provide opportunities for outdoor activities such as walking, picnicking, and enjoying the natural beauty of the area. The suburb’s close proximity to Burnie’s beautiful beaches, such as West Beach and South Beach, offers additional options for swimming, sunbathing, and coastal walks.

Residents of Parklands benefit from its proximity to Burnie’s cultural and recreational attractions, including the Burnie Regional Art Gallery, the Burnie Arts and Function Centre, and the Makers’ Workshop. These venues offer a range of cultural experiences, from art exhibitions to live performances and community events, contributing to the vibrant community life.

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