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 3.2% and has experienced a 12-month capital growth of Up 1.4%, with a median house buy price of $1,450,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,220,000
$1,607,500
$1,450,000
Suburb Market Profile
Last month Parrearra had 14 properties available for rent and 38 properties for sale. Median property prices over the last year range from $1,450,000 for houses to $900,000 for units. If you are looking for an investment property, consider houses in Parrearra rent out for $980 PW with an annual rental yield of 3.2% and units rent for $730 PW with a rental yield of 4.3%. Parrearra has seen an annual compound growth rate of 1.4% for houses and 12.5% for units.
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