Parklea is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 3,684, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $147K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Parklea is $1.5 million, having dipped slightly 0.2% over the past year. Units have a median price of $675,000 (-0.7% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Parklea offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 9.9x is considered moderate. House prices have moved -0.2% year-on-year.
Parklea is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 3,684, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $147K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Parklea is $1.5 million, having dipped slightly 0.2% over the past year. Units have a median price of $675,000 (-0.7% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Parklea offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 9.9x is considered moderate. House prices have moved -0.2% year-on-year.