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Parklands
AREA REPORTS

Parklands

Parklands - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7320

house
PARKLANDS ranks 120th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 27.82% for the past year is higher than average compared to its 68.86% growth within a five-year period.

Also in PARKLANDS, the median home price is sitting at $415,400, and the average rent at $392.5, this suggests property owners could potentially earn a 4.91% increase in gross rental yield.

Property investors have seen a 2.89% gain in PARKLANDS based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on PARKLANDS, 7320 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 27.82%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.73% growth over a ten-year period. It ranks 2061st on our list of suburbs that property investors should look into.

Data report can be found below

Parklands
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $415,400 N/A
GROWTH REPORT
Median Quarterly 2.89% N/A
Median 12 month 27.82% N/A
Median 3 years 45.24% N/A
Median 5 years 68.86% N/A
10 years average annual 5.73% N/A
Weekly media advert. rent $392.5 N/A
Time on Market 48.7 days N/A
Gross Rental Yield Percent 4.91% N/A
demographics (median values)*
Total Population
16238
Weekly Household Income
964
Household Size
2.30
Age
40
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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