Suburb Spotlight: Parkinson
Every week we focus on a new suburb in our area, giving you the lowdown
on what’s happening all around Brisbane. This week, we’re looking at Parkinson.
Parkinson prices have remained relatively unchanged, growing by just 3.86%
over the past year, comfortably below the 4.3% national average. This means
buyers can expect prices to remain the same for the time being, and can save to
purchase the property they’re most interested in.
Family Comes First
Families are a clear majority of the Parkinson population, with an overwhelming
63% of all residents being couples with children. With three public parks and
several schools nearby, the area has many appealing domestic attributes.
Invest in the Future
Rental properties in Parkinson charge a median rent of $470 per week, well
above the national average of $395 per week. With roughly 19% of all properties
in Parkinson being rented, there’s strong opportunities for buyers to invest in
a rental property for steady returns.
With interest rates at record lows across Australia, and the Queensland Government
set to increase the First Home Owners Grant to $20,000 on July 1st, there are
strong incentives for buying now. Speak to an LJ Hooker Sunnybank Hills agent
today to see what we can do for you.
*Reference: 2016, ‘Parkinson QLD 4115, Propertyvalue.com.au,
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty
about the information provided. Interested parties must solely rely on their own enquiries.