2. QLD
  3. Gold Coast

Houses Units

Here you can find what you need to know about Parkwood, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.1M Median Sale Price (National Average $485k) 236th In QLD
16.71% Median Sale Price Change (1yr) (National Average 4.30%) 328th In QLD
$840pw Median Rent (National Average $395) 74th In QLD
4.0% Median Gross Yield (National Average 4.24%) 432nd In QLD
Properties sold 121
Average discounting -3.44%
Average Days on Market 28
Stock on Market 77 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Parkwood, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Parkwood, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Parkwood, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Parkwood


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Parkwood, QLD 4214

Part of: Gold Coast Council No data available

The size of Parkwood is approximately 5.6 square kilometres. It has 7 parks covering nearly 20.3% of total area. The population of Parkwood in 2011 was 8,436 people. By 2016 the population was 8,700 showing a population growth of 3.1% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation. In 2011, 70.6% of the homes in Parkwood were owner-occupied compared with 66.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Parkwood

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Parkwood   for Houses in last 12 months


There have been 121 Houses sold in Parkwood in the past 12 months with a median sale price of $1.1M, up 16.7% annually. It takes on average 16 days to sell with vendor discounting of -3.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Parkwood WA, 6147 28.70% $740,000 $650pw 4.6% View Suburb Profile
Arundel QLD, 4214 13.72% $1,005,000 $820pw 4.2% View Suburb Profile
Molendinar QLD, 4214 12.65% $1,015,000 $850pw 4.3% View Suburb Profile
Frewville SA, 5063 Unavailable Unavailable $713pw Unavailable View Suburb Profile
Ashmore QLD, 4214 17.61% $1,035,000 $820pw 4.1% View Suburb Profile
Narrabri NSW, 2390 -3.45% $420,000 $460pw 5.7% View Suburb Profile

Currency

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