PARREARRA 4575
State: QLDPosiProp AI Investment Summary
PARREARRA (QLD 4575) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 13.1%, with a median house buy price of $1,550,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$950,000
$1,120,000
$1,625,000
$1,550,000
Suburb Market Profile
Last month Parrearra had 16 properties available for rent and 21 properties for sale. Median property prices over the last year range from $1,550,000 for houses to $865,000 for units. If you are looking for an investment property, consider houses in Parrearra rent out for $950 PW with an annual rental yield of 3.5% and units rent for $725 PW with a rental yield of 4.3%. Parrearra has seen an annual compound growth rate of 13.1% for houses and 8.8% for units.