Parklands TAS 7320

Here you can find what you need to know about Parklands, TAS, 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

$450k Median Sale Price (National Average $485k) 146th In TAS
32.31% Median Price Change (1 yr) (National Average 4.30%) 75th In TAS
$395pw Median Rent (National Average $395) 82nd In TAS
4.6% Median Gross Yield (National Average 4.24%) 33rd In TAS

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.

Parklands, TAS 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.

Parklands, TAS 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.

Parklands, TAS 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 Parklands


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Parklands, TAS 7320

Part of: Burnie Council No data available

The size of Parklands is approximately 0.8 square kilometres. It has 5 parks covering nearly 19% of total area. The population of Parklands in 2011 was 815 people. By 2016 the population was 849 showing a population growth of 4.2% in the area during that time. The predominant age group in Parklands is 50-59 years. Households in Parklands are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parklands work in a professional occupation. In 2011, 74.1% of the homes in Parklands were owner-occupied compared with 66.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Parklands

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Parklands   for Houses in last 12 months


There have been 21 Houses sold in Parklands in the past 12 months with a median sale price of $493K, up 36.1% annually. It takes on average 40 days to sell with vendor discounting of -0.04%.

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Parklea NSW, 2768 33.57% $1,262,250 $630pw 2.6% View Suburb Profile
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Park Grove TAS, 7320 29.24% $510,500 $440pw 4.5% View Suburb Profile
Romaine TAS, 7320 11.27% $439,500 $370pw 4.4% View Suburb Profile
Menora WA, 6050 11.36% $1,225,000 Unavailable Unavailable View Suburb Profile