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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
Parafield Gardens has 192 houses available for sale. The median property price for a house is currently 651,000 with annual capital growth of 19.34 . There were 219 house sales in the past 12 months. On average, houses spend 33 days on market.
If you're thinking about buying an investment property in Parafield Gardens, consider that rental yields for houses are currently 4.54 with an average median rent of 550 weekly. Houses have seen 5.00 growth in the past quarter, and 19.34 growth in the past 12 months.
The size of Parafield Gardens is approximately 7.1 square kilometres. It has 40 parks covering nearly 11.3% of total area. The population of Parafield Gardens in 2011 was 15,318 people. By 2016 the population was 16,962 showing a population growth of 10.7% in the area during that time. The predominant age group in Parafield Gardens is 30-39 years.
Households in Parafield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parafield Gardens work in a labourer occupation. In 2011, 69.1% of the homes in Parafield Gardens were owner-occupied compared with 68% in 2016.
Parafield Gardens has 8 units available for sale. There were 11 unit sales in the past 12 months.
If you're thinking about buying an investment property in Parafield Gardens, consider that rental yields for units are currently 5.07 with an average median rent of 380 weekly.
The size of Parafield Gardens is approximately 7.1 square kilometres. It has 40 parks covering nearly 11.3% of total area. The population of Parafield Gardens in 2011 was 15,318 people. By 2016 the population was 16,962 showing a population growth of 10.7% in the area during that time. The predominant age group in Parafield Gardens is 30-39 years.
Households in Parafield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parafield Gardens work in a labourer occupation. In 2011, 69.1% of the homes in Parafield Gardens were owner-occupied compared with 68% in 2016.
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| Key Market Data | House | Unit |
| Median price | 651,000 | 480,000 |
| Quarterly growth | +5.00 | +2.13 |
| 12-month growth | +19.34 | – |
| Average annual growth | +14.31 | – |
| Weekly median rent | 550 | 380 |
| Gross rental yield | 4.54 | 5.07 |
| Number of Sales (12m) | 219 | 11 |
| Avg. Days on Market (12m) | 33 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 15,318 | 16,962 |
| Population change (5y) | +5.02 | +10.70 |
| Median household income (p/w) | 985 | 1,152 |
| Household income change (5y) | +14.80 | +16.95 |
| Median age of persons | 35 | 36 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Parafield Gardens was 16,962 in 2016, a +10.70 change compared to 2011.
The predominant age group in Parafield Gardens is 30-39 years.
The population of Parafield Gardens was 16,962 in 2016, a +10.70 change compared to 2011.
The predominant age group in Parafield Gardens is 10-19 years.
Most of the population in Parafield Gardens were born in Australia.
Most of the population in Parafield Gardens were born in Australia.
Most of the population in Parafield Gardens report their religion as No Religion.
Most of the population in Parafield Gardens report their religion as No Religion.
Most of the population in Parafield Gardens report their income range as between 78,000 and 130,000 .
The median household income in Parafield Gardens was 1,152 in 2016, a +16.95 change compared to 2011.
Most of the population in Parafield Gardens report their income range as between 31,000 and 52,000 .
The median household income in Parafield Gardens was 985 in 2011, a +14.80 change compared to 2006.
Most of the population in Parafield Gardens work as Labourer.
Most of the population in Parafield Gardens work as Labourer.
The chart below demonstrates the various levels of education in Parafield Gardens.
The chart below demonstrates the various levels of education in Parafield Gardens.
Most of the population in Parafield Gardens reached a qualification level of Certificate.
Most of the population in Parafield Gardens reached a qualification level of Certificate.
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