2. VIC
  3. Manningham

Park Orchards VIC 3114

Houses Units

Here you can find what you need to know about Park Orchards, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.9M Median Sale Price (National Average $485k) 43rd In VIC
9.77% Median Sale Price Change (1yr) (National Average 4.30%) 56th In VIC

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Park Orchards, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Park Orchards, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Park Orchards, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Park Orchards


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Park Orchards, VIC 3114

Part of: Manningham Council No data available

The size of Park Orchards is approximately 9.5 square kilometres. It has 15 parks covering nearly 10.3% of total area. The population of Park Orchards in 2011 was 3,717 people. By 2016 the population was 3,810 showing a population growth of 2.5% in the area during that time. The predominant age group in Park Orchards is 10-19 years. Households in Park Orchards are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Park Orchards work in a professional occupation. In 2011, 95.1% of the homes in Park Orchards were owner-occupied compared with 93.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Park Orchards

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Park Orchards   for Houses in last 12 months


There have been 25 Houses sold in Park Orchards in the past 12 months with a median sale price of $1.9M, up 9.8% annually. It takes on average 31 days to sell with vendor discounting of -7.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Park Ridge QLD, 4125 9.63% $740,000 $580pw 4.1% View Suburb Profile
Templestowe VIC, 3106 4.38% $1,692,000 $875pw 2.7% View Suburb Profile
Ringwood North VIC, 3134 12.16% $1,250,000 $625pw 2.6% View Suburb Profile
Park Ridge South QLD, 4125 13.16% $1,065,000 $680pw 3.3% View Suburb Profile
Tolga QLD, 4882 18.84% $627,500 $520pw 4.3% View Suburb Profile
Bonny Hills NSW, 2445 -4.64% $915,500 $600pw 3.4% View Suburb Profile

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