2. QLD
  3. Cairns

Houses Units

Here you can find what you need to know about Parramatta Park, QLD, 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

$663K Median Sale Price (National Average $485k) 591st In QLD
19.37% Median Sale Price Change (1yr) (National Average 4.30%) 198th In QLD
$525pw Median Rent (National Average $395) 536th In QLD
4.1% Median Gross Yield (National Average 4.24%) 384th In QLD
Properties sold 32
Average discounting -6.65%
Average Days on Market 58
Stock on Market 38 for sale

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.

Parramatta Park, QLD 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.

Parramatta Park, QLD 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.

Parramatta Park, QLD 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.

Property Prices in Parramatta Park


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State Auction Clearance Rates


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Suburb Information

Parramatta Park, QLD 4870

Part of: Cairns Council No data available

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Parramatta Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Parramatta Park   for Houses in last 12 months


There have been 32 Houses sold in Parramatta Park in the past 12 months with a median sale price of $663K, up 19.4% annually. It takes on average 34 days to sell with vendor discounting of -6.6%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Parrearra QLD, 4575 9.80% $1,334,033 $800pw 3.1% View Suburb Profile
Kalamunda WA, 6076 12.83% $818,000 $625pw 4.0% View Suburb Profile
East Launceston TAS, 7250 -1.64% $900,000 $515pw 3.0% View Suburb Profile
Cairns North QLD, 4870 13.09% $622,000 $538pw 4.5% View Suburb Profile
Canley Heights NSW, 2166 12.34% $1,115,000 $650pw 3.0% View Suburb Profile
Pascoe Vale VIC, 3044 -4.74% $1,000,250 $585pw 3.0% View Suburb Profile

Currency

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