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Investment Property Parkville, VIC, 3052

Suburb Snapshot

Parkville is a suburb in the Melbourne Region of Victoria. Parkville has a population of 7,405 people and 52.95% of its occupants live in rental accommodation. The median listing price for houses is $1,720,000 and this has changed -12.92% over the past year and changed -9.48% over 2 years.

The median rent in Parkville for houses is $1,025 per week and the median rental yield is 3.09%. Stock on the market for houses/townhouses has changed 38.46% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $480,000 and this has changed 0.00% over the past year. The average unit takes 103 days to sell and the median rent for a unit in Parkville is $520 per week, producing a rental yield of 5.63%.

Supply & Demand in Parkville, Melbourne

2.00%

Current vacancy rate


63

Rental stock available


7,405

Population


52.95%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Parkville, Melbourne

  House Townhouses Units
Median listing price $1,720,000 NA $480,000
Median price change - last quarter -0.87% NA 0.00%
Median price change - 1 year -12.92% NA 0.00%
Median price change - 2 years -9.48% NA 0.00%
  House Townhouses Units
Median weekly rent $1,025 $790 $520
Median yield % 3.09% NA 5.63%
Median rent change - 1 year 17.14% 9.72% 8.33%
  House Units
Previous month sales 2 3
Stock on market previous month 18 31
Stock variance vs. last year 38.46% -13.89%
Average days on market 55 103

Parkville investment property listings

Showing 1 of 1 investment properties found in Parkville on realestateinvestar.com.au

8/96 Flemington Rd, PARKVILLE

$445,000

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VIC 3052


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