Parkside, QLD 4825: Suburb Profile & Property Report

Market Report

House report
Unit Report

Parkside has 35 houses available for sale. The median property price for a house is currently $221,000 with annual capital growth of -1.56% . There were 19 house sales in the past 12 months. On average, houses spend 40 days on market.

If you're thinking about buying an investment property in Parkside, consider that rental yields for houses are currently 10.40% with an average median rent of $460 weekly. Houses have seen -11.60% growth in the past quarter, and -1.56% 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.

Parkside has 6 units available for sale. There were 6 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 7.07% with an average median rent of $320 weekly.

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Key Market Data	House	Unit
Median price	$221,000	–
Quarterly growth	-11.60%	–
12-month growth	-1.56%	–
Average annual growth	-1.02%	–
Weekly median rent	$460	$320
Gross rental yield	10.40%	7.07%
Number of Sales (12m)	19	6
Avg. Days on Market (12m)	40	–

Jump to Market Trends

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

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Parkside is $221,000 for houses.

The Median Growth in Parkside over the past 12 months is -1.56% for houses.

Over the past 12 months there were 19 houses sold and 6 units sold in Parkside. On average, houses spent 40 days on market.

In the past 12 months up to August 2024 there were 19 houses sold and 6 units sold in Parkside. On average, houses spent 40 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Parkside is $460 for houses and $320 for units.

The Rental Yield in Parkside is 10.40% for houses and 7.07% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

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 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.

The chart below demonstrates the various levels of education in Parkside.

Most of the population in Parkside reached a qualification level of Certificate.

2011 2016

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