The suburb’s capital gain of -0.41% for the past year is higher than average compared to its -2.97% growth within a five-year period.
Also in PARKLANDS, the median home price is sitting at $245,000, and the average rent at $285, this suggests property owners could potentially earn a 6.05% increase in gross rental yield.
Property investors have seen a -0.2% drop in PARKLANDS based on a decrease 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 0.97% growth over a ten-year period. It ranks 3632nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.41%||N/A|
|Median 3 years||-7.55%||N/A|
|Median 5 years||-2.97%||N/A|
|10 years average annual||0.97%||N/A|
|Weekly media advert. rent||$285||N/A|
|Time on Market||57.5 days||N/A|
|Gross Rental Yield Percent||6.05%||N/A|