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 4.4% and has experienced a 12-month capital growth of Up 22.0%, with a median house buy price of $600,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$415,000
$600,000
$692,500
$600,000
Suburb Market Profile
Last month Parklands had 3 properties available for rent and 5 properties for sale. Median property prices over the last year range from $600,000 for houses to $480,000 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 4.4% and units rent for $325 PW with a rental yield of 5.0%. Parklands has seen an annual compound growth rate of 22.0% for houses and 9.1% for units.
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