PARKLANDS 7320
State: TASPosiProp AI Investment Summary
PARKLANDS (TAS 7320) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 17.9%, with a median house buy price of $592,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$450,000
$509,500
$770,000
$592,500
Suburb Market Profile
Last month Parklands had 5 properties available for rent and 6 properties for sale. Median property prices over the last year range from $592,500 for houses to $440,000 for units. If you are looking for an investment property, consider houses in Parklands rent out for $460 PW with an annual rental yield of 4.6% and units rent for $300 PW with a rental yield of 4.8%. Parklands has seen an annual compound growth rate of 17.9% for houses.