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Parklands, QLD 4560
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,205,000
list-price estimate
Median Unit
$695,000
list-price estimate
Gross Yield (houses)
4.2%
1yr Growth (houses)
+20.8%
market range +12.5% to +25.0%
Investment snapshot for Parklands
Parklands has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Parklands market and investor summary
In Parklands, QLD 4560, houses show a gross rental yield of 4.2%. House prices have moved +20.8% over the past year and +35.6% over three years. At 4.5% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.2% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 4.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Parklands: people, income and schools
About 198 people live in Parklands, and the area has been growing steadily, up about 11% over five years. The median age is 43, skewed a little older, and 84% 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 $79,000 a year, or roughly $1,520 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 9 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 198
- +11% over 5yr
- Median age
- 43 years
- Median household income
- $79,000/yr
- Households renting
- 13%
- Family households
- 70%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 9
- avg ICSEA 977
- Unemployment
- 5.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Parklands
View all →Frequently asked questions about Parklands
What should I check before investing in Parklands?
Parklands has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.2% gives a usable rent-to-price starting point. Capital growth of +20.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Parklands show?
The gross rental yield in Parklands is 4.2% 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 Parklands?
House prices in Parklands are up 20.8% over the past year and up 35.6% 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 Parklands?
The current vacancy rate in Parklands is 4.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Parklands?
Parklands has a population of approximately 198 residents, with a median age of 43.
What schools are near Parklands?
There are 9 schools within roughly 5km of Parklands. 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 Parklands's population growing?
The population of Parklands has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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