Thinking about buying in Parkwood? Now could not be a better time, with 3824 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $926,000 with prices in this suburb ranging from $247,000 to $3,152,000. Parkwood is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Parkwood Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Parkwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Parkwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Parkwood 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 Parkwood

	45 UPLANDS DR, PARKWOOD, QLD, 4214	5	5	4	Asking Price: $2,950,000
	4 GREENSBOROUGH CR, PARKWOOD, QLD, 4214	4	2	2	Contact Agent
	9 LAKEWOOD CT, PARKWOOD, QLD, 4214	4	2	2	Contact Shelley
	UNIT 11, 13-17 TONGA PL, PARKWOOD, QLD, 4214	2	2		Offers Over $285,000
	12 ALCOTT CT, PARKWOOD, QLD, 4214	4	2	5	Offers Over $1,150,000
	6 EVERGREEN CT, PARKWOOD, QLD, 4214	4	2	6	2000000
	41 FAIRVIEW CT, PARKWOOD, QLD, 4214	4	2	2	1085000
	1 COUNTY CL, PARKWOOD, QLD, 4214	4	2	2	990000
	57 COLORADO CCT, PARKWOOD, QLD, 4214	3	2	2	800000
	38 COLORADO CCT, PARKWOOD, QLD, 4214	3	2	2	800000
	2 FALDO CT, PARKWOOD, QLD, 4214	3	2	2	Offers over $699,000
	256 NAPPER RD, PARKWOOD, QLD, 4214	4	2	2	$899,000

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