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Investment Property Parramatta Park, QLD, 4870

Suburb Snapshot

Parramatta Park is a suburb in the Cairns Region of Queensland. Parramatta Park has a population of 3,509 people and 50.34% of its occupants live in rental accommodation. The median listing price for houses is $727,000 and this has changed 21.36% over the past year and changed 30.40% over 2 years.

The median rent in Parramatta Park for houses is $600 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed 6.67% compared to last year and the average time to sell a house/townhouse is 169 days.The median listing price for units is $330,000 and this has changed 14.18% over the past year. The average unit takes 106 days to sell and the median rent for a unit in Parramatta Park is $390 per week, producing a rental yield of 6.14%.

Supply & Demand in Parramatta Park, Cairns

0.71%

Current vacancy rate


13

Rental stock available


3,509

Population


50.34%

Rental population


0.77%

Current vacancy rate


614

Rental stock available


156,898

Population


32.50%

Rental population


0.97%

Current vacancy rate


22,682

Rental stock available


4,703,187

Population


29.39%

Rental population


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

Statistical data for Parramatta Park, Cairns

  House Townhouses Units
Median listing price $727,000 NA $330,000
Median price change - last quarter 4.00% NA 11.11%
Median price change - 1 year 21.36% NA 14.18%
Median price change - 2 years 30.40% NA 20.00%
  House Townhouses Units
Median weekly rent $600 $430 $390
Median yield % 4.29% NA 6.14%
Median rent change - 1 year 20.00% 4.87% 4.00%
  House Units
Previous month sales 0 0
Stock on market previous month 16 7
Stock variance vs. last year 6.67% -69.57%
Average days on market 169 106

Parramatta Park investment property listings

Showing 5 of 27 investment properties found in Parramatta Park on realestateinvestar.com.au

20 Harris St, Parramatta Park

$800,000

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81,120 Gross Income - no BC fees

This traditional Queenslander has been reconfigured into 4 x 2 bed and 1 bath units that provide a steady and substantial income for the owners. Located only minutes into town and the iconic Esplanade, this area is popular all the time and with vacancy rates below 1%, guarantees that income can be ...

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House

QLD 4870


2 Nellie St, Parramatta Park

$635,000

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Perfect Downsizer

Escape to your own private green tropical retreat in this charming lowset cottage. With easy access, this home offers convenience and comfort in every corner. Enjoy the low maintenance small yard of native screening plants for added privacy. Step into a world of beauty where stained glass casement ...

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House

QLD 4870


56-58 Minnie St, Parramatta Park

$1,300,000

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City Unit Complex on 7 units on 1 title - Huge Income Potential

Located on a large corner 807m2 block, the complex is located only a short walking distance from The Heart of the City, Major Shopping Centres and the Cairns Esplanade. The Cairns market place is on the up and up, and the area is truly blessed with some of the most beautiful natural wonders of the ...

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Block

QLD 4870


8/98-100 Martyn St, Parramatta Park

$299,000

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Modern two-bedroom townhouse on city fringe

Introducing a charming 2-bedroom, 1-bathroom townhouse nestled on the vibrant city fringe of Cairns City. This contemporary abode offers a harmonious blend of comfort and convenience, perfect for modern urban living. Step inside to discover a spacious open-plan layout that effortlessly merges ...

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Unit

QLD 4870


1/3-7 Nellie St, Parramatta Park

$425,000

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Three bedroom apartment close to town

You're welcome to inspect unit 1 at 3-7 Nellie Street in Parramatta Park. This remarkable opportunity presents itself as a first-floor residence within the esteemed Oxygen Apartment Complex. Boasting a prime location at the cul-de-sac end, the property offers great convenience, being within ...

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Unit

QLD 4870


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