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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Parkside, the median property price for a house is currently 250,000 with annual capital growth of 2.15 . There were 23 house sales in the past 12 months. On average, houses spend 44 days on market.
If you're thinking about buying an investment property in Parkside, consider that rental yields for houses are currently 10.42 with an average median rent of 460 weekly. Houses have seen 0.00 growth in the past quarter, and 2.15 growth in the past 12 months.
The size of Parkside is approximately 1.5 square kilometres. It has 7 parks covering nearly 12% of total area. The population of Parkside in 2011 was 1,784 people. By 2016 the population was 1,519 showing a population decline of 14.9% in the area during that time. The predominant age group in Parkside is 20-29 years.
Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a trades occupation. In 2011, 53.1% of the homes in Parkside were owner-occupied compared with 48.2% in 2016.
There were 5 unit sales in the past 12 months.
If you're thinking about buying an investment property in Parkside, consider that rental yields for units are currently 6.64 with an average median rent of 320 weekly.
The size of Parkside is approximately 1.5 square kilometres. It has 7 parks covering nearly 12% of total area. The population of Parkside in 2011 was 1,784 people. By 2016 the population was 1,519 showing a population decline of 14.9% in the area during that time. The predominant age group in Parkside is 20-29 years.
Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a trades occupation. In 2011, 53.1% of the homes in Parkside were owner-occupied compared with 48.2% in 2016.
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| Key Market Data | House | Unit |
| Median price | 250,000 | – |
| Quarterly growth | 0.00 | – |
| 12-month growth | +2.15 | – |
| Average annual growth | -1.02 | – |
| Weekly median rent | 460 | 320 |
| Gross rental yield | 10.42 | 6.64 |
| Number of Sales (12m) | 23 | 5 |
| Avg. Days on Market (12m) | 44 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,784 | 1,519 |
| Population change (5y) | +18.15 | -14.90 |
| Median household income (p/w) | 2,239 | 2,115 |
| Household income change (5y) | +50.27 | -5.54 |
| Median age of persons | 32 | 33 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Parkside was 1,519 in 2016, a -14.90 change compared to 2011.
The predominant age group in Parkside is 20-29 years.
The population of Parkside was 1,519 in 2016, a -14.90 change compared to 2011.
The predominant age group in Parkside is 20-29 years.
Most of the population in Parkside were born in Australia.
Most of the population in Parkside were born in Australia.
Most of the population in Parkside report their religion as No Religion.
Most of the population in Parkside report their religion as Catholic.
Most of the population in Parkside report their income range as between 78,000 and 130,000 .
The median household income in Parkside was 2,115 in 2016, a -5.54 change compared to 2011.
Most of the population in Parkside report their income range as between 130,000 and 182,000 .
The median household income in Parkside was 2,239 in 2011, a +50.27 change compared to 2006.
Most of the population in Parkside work as Trades.
Most of the population in Parkside work as Trades.
The chart below demonstrates the various levels of education in Parkside.
The chart below demonstrates the various levels of education in Parkside.
Most of the population in Parkside reached a qualification level of Certificate.
Most of the population in Parkside reached a qualification level of Certificate.
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