Parklea (postcode 2768) is a compact suburb in New South Wales within the Blacktown local government area. The area has roughly 3,684 residents and 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. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Indian, Australian, English.
Median house prices in Parklea stand at $1.4 million, having fallen by 7.6% over the last twelve months. Units have a median price of $683,000 (+0.4% YoY). The current median weekly rent is $885. This gives a gross rental yield of approximately 3.3%. 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 3,217 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.3%, which reads as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -7.6% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.