Parkdale Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Parkdale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Parkdale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Parkdale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Parkdale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Parkdale

	33 DAVEY ST, PARKDALE, VIC, 3195				Price Guide: $1,395,000 - $1,495,000
	UNIT 1, 92 LOWER DANDENONG RD, PARKDALE, VIC, 3195	4	2	2	Price Guide: Under Contract
	22 QUEEN ST, PARKDALE, VIC, 3195	3	2	2	$1,250,000 - $1,350,000
	UNIT 1, 315 NEPEAN HWY, PARKDALE, VIC, 3195	5	2	3	$1,250,000 - $1,300,000
	4 ROSELLA RD, PARKDALE, VIC, 3195	4	2	2	Auction
	5 SEVENTH ST, PARKDALE, VIC, 3195	5	4	4	Sale
	UNIT 13, 128-130 BEACH RD, PARKDALE, VIC, 3195	2	1	1	Private sale - $450,000 - $490,000
	160 LOWER DANDENONG RD, PARKDALE, VIC, 3195	4	2	4	780000
	UNIT 20, 156 LOWER DANDENONG RD, PARKDALE, VIC, 3195	3	1	2	600000
	21 ELM GR, PARKDALE, VIC, 3195	4	2	2	1300000
	UNIT 5, 2-4 FIFTH ST, PARKDALE, VIC, 3195	2	1	2	780000
	3 DICKENS ST, PARKDALE, VIC, 3195	3	2	2	1500000
	UNIT 11, 1A SPRAY ST, PARKDALE, VIC, 3195	1	1	1	370000

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General Points of Interest

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