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Parkinson, QLD 4115

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,450,000

market range $1.4M-$1.6M

Median Unit

$815,000

market range $775K-$850K

Gross Yield (houses)

3.1%

1yr Growth (houses)

+17.1%

market range +12.5% to +20.0%

Investment snapshot for Parkinson

Parkinson has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Parkinson market and investor summary

In Parkinson, QLD 4115, the median house sells for around $1.4M, on a gross rental yield of 3.1% for houses. House prices have moved +17.1% over the past year and +52.2% over three years. At 1.1% 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 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Parkinson: people, income and schools

Parkinson is home to around 11,148 people, and the area has been growing steadily, up about 6% over five years. At a median age of 37, it reads as broadly working-age, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $114,000 a year (about $2,190 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.7 times local household income, so affordability is a genuine constraint on local buyers.

Families have 16 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Parkinson sits about 19 km from the CBD. It is fairly car-dependent; the suburb scores 30 for walkability and 23 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
11,148
+6% over 5yr
Median age
37 years
Median household income
$114,000/yr
Households renting
20%
Family households
88%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
16
avg ICSEA 1027
Unemployment
4.1%
Distance to CBD
19 km
Walk score
30/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Parkinson

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Frequently asked questions about Parkinson

What should I check before investing in Parkinson?

Parkinson has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +17.1% in the past year shows strong recent price momentum. 3-year capital growth of +52.2% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Parkinson?

The median property price in Parkinson, QLD 4115 is $1.4M for houses and $815K for units.

What rental yield does Parkinson show?

The gross rental yield in Parkinson is 3.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Parkinson?

House prices in Parkinson are up 17.1% over the past year and up 52.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Parkinson?

The current vacancy rate in Parkinson is 1.1%. 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 Parkinson?

Parkinson has a population of approximately 11,148 residents, with a median age of 37.

What schools are near Parkinson?

There are 16 schools within roughly 5km of Parkinson. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Parkinson affordable to buy in?

A median house in Parkinson costs about 12.7 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 Parkinson's population growing?

The population of Parkinson has grown about 6% 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 Parkinson from the CBD?

Parkinson is about 19 km from the CBD.

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