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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 $772,500 and this has changed 6.55% over the past year and changed 28.96% over 2 years.

The median rent in Parramatta Park for houses is $600 per week and the median rental yield is 4.03%. Stock on the market for houses/townhouses has changed -14.29% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $379,000 and this has changed 14.84% over the past year. The average unit takes 52 days to sell and the median rent for a unit in Parramatta Park is $420 per week, producing a rental yield of 5.76%.

Supply & Demand in Parramatta Park, Cairns

1.09%

Current vacancy rate


20

Rental stock available


3,509

Population


50.34%

Rental population


0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,766

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 $772,500 NA $379,000
Median price change - last quarter -0.65% NA 1.06%
Median price change - 1 year 6.55% NA 14.84%
Median price change - 2 years 28.96% NA 28.47%
  House Townhouses Units
Median weekly rent $600 NA $420
Median yield % 4.03% NA 5.76%
Median rent change - 1 year 0.00% NA 7.69%
  House Units
Previous month sales 1 1
Stock on market previous month 18 12
Stock variance vs. last year -14.29% 9.09%
Average days on market 93 52

Parramatta Park investment property listings

Showing 5 of 56 investment properties found in Parramatta Park on realestateinvestar.com.au

152 Martyn St, Parramatta Park

$750,000

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Flexible City-Fringe Living | Space, Solar & Potential

Partially renovated and just minutes from the Cairns CBD, offering space, versatility, and future potential. Positioned on a generous block in a convenient Parramatta Park location, this residence delivers a functional layout with the flexibility to suit a range of living arrangements. Updated ...

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QLD 4870


362 Draper St, Parramatta Park

$719,000

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Delightful Queenslander รข Ideal First Home or Investment

Discover the charm and character of this high set three-bedroom Queenslander, offering a fantastic opportunity for first home buyers or investors seeking a property in a prime Cairns location. Ideally positioned just a short walk from the Cairns Esplanade, youll enjoy easy access to vibrant cafes, ...

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QLD 4870


3/11 Harris St, Parramatta Park

$799,000

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Remarkable Dual Key Apartment

What You See: A remarkable dual-key apartment that has been fully refurbished offering exceptional size and space in one of Cairns' most central locations. Positioned close to schools, parklands, and major shopping centres, this modern and stylish residence has been completely transformed with no ...

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QLD 4870


23/376-384 Severin St, Parramatta Park

$530,000

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Lifestyle, Location and Returns - All in One

Unique Real Estate presents Unit 23, a welcoming retreat at Haven on Severin - Your private retreat in the heart of Cairns. This charming apartment features a light-filled interior and is surrounded by lush tropical gardens, creating a serene and inviting living space that feels truly special. ...

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QLD 4870


12/23-25 Harris St, Parramatta Park

$499,000

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FULLY RENOVATED 2 BEDROOM UNIT

Welcome Look around you. You aren't just looking at a 2 bedroom unit, you are looking at a masterclass in urban, European-style living right on the city fringe. This isn't a "renovation" - it's a total reimagining of space, designed specifically for those who refuse to compromise on quality or ...

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QLD 4870


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