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Parkerville, WA 6081
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,500,000
market range $1.4M-$1.6M
Median Unit
$695,000
Gross Yield (houses)
2.8%
1yr Growth
-
Investment snapshot for Parkerville
Parkerville has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Parkerville market and investor summary
Parkerville (WA 6081) runs a median house price of $1.5M, with houses yielding a gross 2.8%. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Parkerville: people, income and schools
Parkerville is home to around 2,432 people, and the area has been growing steadily, up about 7% over five years. The median age is 42, skewed a little older, and 91% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $124,000 a year, or roughly $2,380 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.1 times local household income, so affordability is a genuine constraint on local buyers.
There are 7 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 28 km from the CBD. It is fairly car-dependent; the suburb scores 11 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 2,432
- +7% over 5yr
- Median age
- 42 years
- Median household income
- $124,000/yr
- Households renting
- 7%
- Family households
- 84%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 7
- avg ICSEA 995
- Unemployment
- 2.0%
- Distance to CBD
- 28 km
- Walk score
- 11/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Parkerville
No properties currently listed in Parkerville
Search Parkerville listings →Frequently asked questions about Parkerville
What should I check before investing in Parkerville?
Parkerville has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Parkerville?
The median property price in Parkerville, WA 6081 is $1.5M for houses and $695K for units.
What rental yield does Parkerville show?
The gross rental yield in Parkerville is 2.8% for houses and 1.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Parkerville?
The current vacancy rate in Parkerville is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Parkerville?
Parkerville has a population of approximately 2,432 residents, with a median age of 42.
What schools are near Parkerville?
There are 7 schools within roughly 5km of Parkerville. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Parkerville affordable to buy in?
A median house in Parkerville costs about 12.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Parkerville's population growing?
The population of Parkerville has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Parkerville from the CBD?
Parkerville is about 28 km from the CBD.
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